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Foreclosure Homes in Newark, NY

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Newark, NY Foreclosures

How much do homes sell for in Newark, NY?
The average home price is currently $217,208.
In Newark, NY, how many homes are available?
There are currently 15 active home listings available in Newark.
What’s the average rental cost in Newark, NY?
The average rental price in Newark is $1,214.
What is the most expensive home in Newark?
The most expensive home sold in Newark had a price of $25,064,816.
What is currently the cheapest priced home in Newark, NY?
The cheapest home for sale in Newark is priced at $11,865.

Living in Newark, NY

Newark, NY is a quaint village in Wayne County, known for its inviting atmosphere and strong sense of community. The area is rich in history and offers various local amenities, including schools, parks, and shops. Newark provides an excellent opportunity for real estate investments due to its beautiful setting and community-focused lifestyle.

Current Market Conditions in Newark, NY

The real estate market in Newark, NY, is experiencing moderate growth, with a healthy demand for both rental and ownership properties. Investors can find solid opportunities in single-family homes as the area attracts both families and retirees looking for a peaceful place to live.

Property values are on the rise, with a steady influx of new residents drawn to the village's charm and proximity to outdoor recreation. This trend is encouraging for investors seeking long-term appreciation in their investments.

Home Value Estimator For Newark, NY

There are currently 4,604 real estate properties in Newark, NY, with a median automated valuation model (AVM) price of $186,555.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Newark, 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 Newark, NY, is $217,208.00, with the most expensive house in Newark, NY, topping out at $25,064,816.00 and the cheapest home in Newark, NY, clocking in at $11,865.00. In other words, there’s something for every potential homebuyer or savvy investor in Newark, NY!

Rent Prices In Newark, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newark, NY, is on a rollercoaster ride. The average rent price in Newark, NY, is $1,214.00. Indeed, when looking to rent in Newark, NY, you can expect to pay as little as $600.00 or as much as $2,670.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Newark, 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.

Newark, NY Foreclosures

Market Trend for Newark, NY

Total Listings Available: 15

Market Values:

Home Prices from $11,865 to $25,064,816

Average Sales Price: $217,208

Rental Values:

Rental from $600 to $2,670

Average Rent Value: $1,214 / month

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