North Norwich, NY Foreclosures
How much do homes sell for in North Norwich, NY?
The average home price is currently $174,122.
In North Norwich, NY, how many homes are available?
There are currently 76 active home listings available in North Norwich.
What’s the average rental cost in North Norwich, NY?
The average rental price in North Norwich is $1,160.
What is the most expensive home in North Norwich?
The most expensive home sold in North Norwich had a price of $671,700.
What is currently the cheapest priced home in North Norwich, NY?
The cheapest home for sale in North Norwich is priced at $18,468.
Living in North Norwich, NY
North Norwich, NY is a serene village characterized by its rural charm and tight-knit community. This region offers a low-cost lifestyle with plenty of outdoor recreation options, making it perfect for families or those looking to retire in a peaceful setting. With a strong educational foundation and friendly neighbors, this area presents an inviting atmosphere for all.
Current Market Conditions in North Norwich, NY
The real estate market in North Norwich is relatively stable, with homes seeing gradual appreciation in value. Inventory levels are balanced, catering to both buyers and sellers effectively. The area is noted for its affordability, making it attractive for first-time homebuyers and investors looking for rental properties.
Potential buyers are actively seeking homes in North Norwich, particularly due to its tranquil environment and community-oriented lifestyle. Recent trends indicate an uptick in interest for homes with larger parcels of land, as more people are looking to enjoy the outdoors during and after the pandemic.
Home Value Estimator For North Norwich, NY
There are currently 85 real estate properties
in North Norwich, NY,
with a median automated valuation model (AVM) price
of $162,545.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in North Norwich, 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 North Norwich, NY,
is $174,122.00, with the most expensive house
in North Norwich, NY, topping out
at $671,700.00 and the cheapest home
in North Norwich, NY,
clocking in at $18,468.00. In other words, there’s
something for every potential homebuyer
or savvy investor in North Norwich, NY!
Rent Prices
In North Norwich, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in North Norwich, NY, is on
a rollercoaster ride. The
average rent price in North Norwich, NY,
is $1,160.00. Indeed, when looking to rent in
North Norwich, NY, you can expect to pay as little
as $940.00 or as much
as $1,710.00,
with the average rent median estimated to
be $1,150.00. The good news is that finding
an affordable and desirable property to rent in North Norwich, 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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