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Short Sale Listings in Old Forge, NY 13420

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Old Forge, NY Foreclosures

How much do homes sell for in Old Forge, NY?
The average home price is currently $649,741.
What’s the average rental cost in Old Forge, NY?
The average rental price in Old Forge is $1,670.
What is the most expensive home in Old Forge?
The most expensive home sold in Old Forge had a price of $6,047,978.
What is currently the cheapest priced home in Old Forge, NY?
The cheapest home for sale in Old Forge is priced at $19,521.

Living in Old Forge, NY

Old Forge, NY, is a charming small town in the Adirondacks that offers stunning natural scenery and a variety of outdoor activities. It features cozy local shops and restaurants and is renowned for its family-friendly atmosphere. Whether you’re interested in skiing, hiking, or simply enjoying nature, Old Forge is a perfect getaway for all.

Current Market Conditions in Old Forge, NY

The real estate market in Old Forge has shown resilience over the past few years, driven largely by demand from those looking for vacation homes in picturesque settings. Inventory levels have remained relatively low, leading to an increase in home prices as buyers compete for limited options. Seasonal demands also affect the market, with fluctuations occurring during peak tourism periods.

Recent trends indicate a growing interest in second-home purchases as remote work allows more people to live and work from anywhere. This has led to a surge in buyers seeking properties that not only provide leisure options but also access to nature and recreational activities.

Home Value Estimator For Old Forge, NY

There are currently 2,121 real estate properties in Old Forge, NY, with a median automated valuation model (AVM) price of $461,637.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Old Forge, 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 Old Forge, NY, is $649,741.00, with the most expensive house in Old Forge, NY, topping out at $6,047,978.00 and the cheapest home in Old Forge, NY, clocking in at $19,521.00. In other words, there’s something for every potential homebuyer or savvy investor in Old Forge, NY!

Rent Prices In Old Forge, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Old Forge, NY, is on a rollercoaster ride. The average rent price in Old Forge, NY, is $1,670.00. Indeed, when looking to rent in Old Forge, NY, you can expect to pay as little as $1,000.00 or as much as $2,660.00, with the average rent median estimated to be $1,620.00. The good news is that finding an affordable and desirable property to rent in Old Forge, 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.

Old Forge, NY 13420 Short Sale Listings

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