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, New York, is a quaint town nestled in the Catskills, renowned for its natural beauty and outdoor activities. The town fosters a welcoming community with rich local culture, making it perfect for families and nature enthusiasts alike. With access to great schools and recreational facilities, Olive combines the charm of rural living with essential modern amenities.
Current Market Conditions in Olive, NY
The real estate market in Olive, NY has seen a steady increase in demand for homes, particularly as people seek more space and an escape from urban areas. The town's tranquil environment and proximity to natural attractions make it appealing to families and retirees alike. Home prices have maintained an upward trend, with many buyers looking for both seasonal homes and year-round residences.
There is a noticeable growth in interest for properties featuring larger lots and outdoor amenities, reflecting the shifting preferences towards homes that support a more outdoor-centric lifestyle. Moreover, listings are moving quickly, indicating a competitive market where buyers are eager to make offers.
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.
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