Commercial Foreclosures in Newburgh, NY

Buyer vs Seller Market in Newburgh, NY

Newburgh's real estate market has shown a steady increase in demand over the past year, with home values appreciating as a result of its growing appeal. The city's historic charm and suburban feel attract those looking to escape the hustle of urban living while still being connected to metropolitan areas.

The number of homes for sale has decreased recently, leading to a competitive market for buyers. This trend is driven by the city's reputation as an affordable alternative to nearby cities, creating heightened interest in the community.

Rent Prices In Newburgh, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newburgh, NY, is on a rollercoaster ride. The average rent price in Newburgh, NY, is $1,637.00. Indeed, when looking to rent in Newburgh, NY, you can expect to pay as little as $840.00 or as much as $3,340.00, with the average rent median estimated to be $1,640.00. The good news is that finding an affordable and desirable property to rent in Newburgh, 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.