New Paltz, NY Foreclosures
How much do homes sell for in New Paltz, NY?
The average home price is currently $591,614.
In New Paltz, NY, how many homes are available?
There are currently 8 active home listings available in New Paltz.
What’s the average rental cost in New Paltz, NY?
The average rental price in New Paltz is $1,904.
What is the most expensive home in New Paltz?
The most expensive home sold in New Paltz had a price of $16,082,390.
What is currently the cheapest priced home in New Paltz, NY?
The cheapest home for sale in New Paltz is priced at $34,153.
Living in New Paltz, NY
New Paltz is a charming town located in the scenic Hudson Valley region of New York. Known for its vibrant arts scene and outdoor recreational opportunities, it attracts both residents and visitors alike. The town offers a mix of historic charm and modern amenities, making it a desirable location for families and students, especially with the presence of the State University of New York at New Paltz.
Current Market Conditions in New Paltz, NY
Currently, the real estate market in New Paltz is quite competitive, with demand for homes outpacing supply. The town is appealing to both families seeking a suburban lifestyle and young professionals attracted to its cultural scene. Consequently, home prices have been steadily increasing, particularly for properties near the downtown area and scenic locations. Experts believe this trend will continue as more people discover the quality of life in New Paltz.
The rental market is also robust, with many options for prospective tenants, from historic homes to modern apartments. With the influx of students and young professionals, rental prices have risen, yet remain lower compared to larger urban centers.
Home Value Estimator For New Paltz, NY
There are currently 5,078 real estate properties
in New Paltz, NY,
with a median automated valuation model (AVM) price
of $518,590.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in New Paltz, 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 New Paltz, NY,
is $591,614.00, with the most expensive house
in New Paltz, NY, topping out
at $16,082,390.00 and the cheapest home
in New Paltz, NY,
clocking in at $34,153.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Paltz, NY!
Rent Prices
In New Paltz, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Paltz, NY, is on
a rollercoaster ride. The
average rent price in New Paltz, NY,
is $1,904.00. Indeed, when looking to rent in
New Paltz, NY, you can expect to pay as little
as $940.00 or as much
as $5,110.00,
with the average rent median estimated to
be $1,870.00. The good news is that finding
an affordable and desirable property to rent in New Paltz, 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.