Olive, NY Foreclosures
How much do homes sell for in Olive, NY?
The average home price is currently $410,779.
In Olive, NY, how many homes are available?
There are currently 2 active home listings available in Olive.
What’s the average rental cost in Olive, NY?
The average rental price in Olive is $1,620.
What is the most expensive home in Olive?
The most expensive home sold in Olive had a price of $672,500.
What is currently the cheapest priced home in Olive, NY?
The cheapest home for sale in Olive is priced at $229,000.
Living in Olive, NY
Olive, NY, is a charming town tucked away in the Catskill Mountains, celebrated for its remarkable natural surroundings and community spirit. It offers residents a serene lifestyle with ample outdoor activities, local farms, and artistic events. With a blend of scenic beauty and local amenities, Olive is perfect for those seeking a quiet yet vibrant place to live.
Current Market Conditions in Olive, NY
Olive's real estate market has seen steady growth over the past year, driven by an increase in demand for vacation homes and primary residences alike. The beautiful natural landscapes and community-oriented lifestyle continue to attract homebuyers looking for retreats from urban life. Year-over-year, home values have increased, indicating a solid and thriving market.
The current market is characterized by low inventory, with popular listings often receiving multiple offers. Many buyers, drawn by the allure of the Catskill region's outdoor activities, are willing to pay a premium for well-located properties, particularly those near the water or with expansive views.
Home Value Estimator For Olive, NY
There are currently 14 real estate properties
in Olive, NY,
with a median automated valuation model (AVM) price
of $406,900.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Olive, 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 Olive, NY,
is $410,779.00, with the most expensive house
in Olive, NY, topping out
at $672,500.00 and the cheapest home
in Olive, NY,
clocking in at $229,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Olive, NY!
Rent Prices
In Olive, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Olive, NY, is on
a rollercoaster ride. The
average rent price in Olive, NY,
is $1,620.00. Indeed, when looking to rent in
Olive, NY, you can expect to pay as little
as $1,310.00 or as much
as $2,290.00,
with the average rent median estimated to
be $1,580.00. The good news is that finding
an affordable and desirable property to rent in Olive, 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.
Learn more on Foreclosure homes
