Newark Valley, NY Foreclosures
How much do homes sell for in Newark Valley, NY?
The average home price is currently $191,624.
In Newark Valley, NY, how many homes are available?
There are currently 15 active home listings available in Newark Valley.
What’s the average rental cost in Newark Valley, NY?
The average rental price in Newark Valley is $1,257.
What is the most expensive home in Newark Valley?
The most expensive home sold in Newark Valley had a price of $2,355,454.
What is currently the cheapest priced home in Newark Valley, NY?
The cheapest home for sale in Newark Valley is priced at $12,145.
Living in Newark Valley, NY
Newark Valley is a charming town located in Tioga County, New York. Known for its picturesque landscapes and rich agricultural heritage, this small community offers a welcoming atmosphere for families and individuals alike. With access to beautiful parks, local shops, and a variety of outdoor activities, Newark Valley provides a serene environment away from the bustle of city life.
Current Market Conditions in Newark Valley, NY
The real estate market in Newark Valley shows a stable growth trend with an increasing interest from buyers looking for affordable housing options in a serene environment. The market is characterized by a mix of single-family homes and rural properties, appealing to first-time buyers, families, and retirees alike. The average housing prices have seen a modest increase over the past few years, reflecting the area's desirability as a peaceful retreat from bigger cities.
Recent trends indicate a growing demand for properties with land, likely driven by an increased interest in gardening, self-sufficiency, and remote work. This has spurred new listings in the market, providing buyers with a variety of choices to consider.
Home Value Estimator For Newark Valley, NY
There are currently 1,551 real estate properties
in Newark Valley, NY,
with a median automated valuation model (AVM) price
of $171,360.00. 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 Valley, 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 Valley, NY,
is $191,624.00, with the most expensive house
in Newark Valley, NY, topping out
at $2,355,454.00 and the cheapest home
in Newark Valley, NY,
clocking in at $12,145.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Newark Valley, NY!
Rent Prices
In Newark Valley, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Newark Valley, NY, is on
a rollercoaster ride. The
average rent price in Newark Valley, NY,
is $1,257.00. Indeed, when looking to rent in
Newark Valley, NY, you can expect to pay as little
as $660.00 or as much
as $6,100.00,
with the average rent median estimated to
be $1,230.00. The good news is that finding
an affordable and desirable property to rent in Newark Valley, 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.
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