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Foreclosure Homes in New York, NY 10040

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New York, NY Foreclosures

How much do homes sell for in New York, NY?
The average home price is currently $1,827,778.
In New York, NY, how many homes are available?
There are currently 21 active home listings available in New York.
What’s the average rental cost in New York, NY?
The average rental price in New York is $4,287.
What is the most expensive home in New York?
The most expensive home sold in New York had a price of $249,905,328.
What is currently the cheapest priced home in New York, NY?
The cheapest home for sale in New York is priced at $10,340.

Living in New York, NY

New York City, often referred to as NYC, is a bustling metropolis known for its vibrant culture, iconic landmarks, and diverse neighborhoods. The city offers an unparalleled lifestyle with countless dining, entertainment, and shopping options. From the lively streets of Manhattan to the serene parks of Brooklyn, there is something for everyone in the Big Apple.

Current Market Conditions in New York, NY

The real estate market in New York City remains robust, with a competitive landscape driven by high demand and limited inventory. Prices have stabilized in certain neighborhoods, while others continue to see strong appreciation.

There is a notable trend of increased interest in suburban living, as buyers seek more space and affordable options outside the city. However, urban areas still attract many with their unique amenities and lifestyle.

Home Value Estimator For New York, NY

There are currently 350,577 real estate properties in New York, NY, with a median automated valuation model (AVM) price of $930,700.00. 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 York, 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 York, NY, is $1,827,778.00, with the most expensive house in New York, NY, topping out at $249,905,328.00 and the cheapest home in New York, NY, clocking in at $10,340.00. In other words, there’s something for every potential homebuyer or savvy investor in New York, NY!

Rent Prices In New York, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New York, NY, is on a rollercoaster ride. The average rent price in New York, NY, is $4,287.00. Indeed, when looking to rent in New York, NY, you can expect to pay as little as $950.00 or as much as $8,440.00, with the average rent median estimated to be $4,180.00. The good news is that finding an affordable and desirable property to rent in New York, 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.

New York, NY 10040 Foreclosures

Market Trend for New York, NY

Total Listings Available: 21

Market Values:

Home Prices from $10,340 to $249,905,328

Average Sales Price: $1,827,778

Rental Values:

Rental from $950 to $8,440

Average Rent Value: $4,287 / month

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