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Rent To Own Homes in Merrick, NY

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Merrick, NY Foreclosures

How much do homes sell for in Merrick, NY?
The average home price is currently $889,234.
In Merrick, NY, how many homes are available?
There are currently 26 active home listings available in Merrick.
What’s the average rental cost in Merrick, NY?
The average rental price in Merrick is $3,230.
What is the most expensive home in Merrick?
The most expensive home sold in Merrick had a price of $7,061,801.
What is currently the cheapest priced home in Merrick, NY?
The cheapest home for sale in Merrick is priced at $14,553.

Living in Merrick, NY

Merrick, NY offers a suburban lifestyle with excellent schools, a strong sense of community, and a variety of local amenities. Residents enjoy easy access to public transportation and nearby beaches, as well as numerous parks and recreational options. This charming town is perfect for families and anyone looking to enjoy a laid-back yet engaging lifestyle.

Current Market Conditions in Merrick, NY

The real estate market in Merrick is currently experiencing a high demand, resulting in competitive bidding situations for available homes. Buyers are attracted to the area due to its strong school district performance, family-friendly environment, and variety of local amenities. As a result, home prices have seen consistent increases in recent months, reflecting the desirability of the neighborhood.

Home Value Estimator For Merrick, NY

There are currently 11,697 real estate properties in Merrick, NY, with a median automated valuation model (AVM) price of $824,258.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Merrick, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Merrick, NY, is $889,234.00, with the most expensive house in Merrick, NY, topping out at $7,061,801.00 and the cheapest home in Merrick, NY, clocking in at $14,553.00. In other words, there’s something for every potential homebuyer or savvy investor in Merrick, NY!

Rent Prices In Merrick, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Merrick, NY, is on a rollercoaster ride. The average rent price in Merrick, NY, is $3,230.00. Indeed, when looking to rent in Merrick, NY, you can expect to pay as little as $1,570.00 or as much as $8,440.00, with the average rent median estimated to be $3,120.00. The good news is that finding an affordable and desirable property to rent in Merrick, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Merrick, NY Rent To Own Homes

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