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Rent To Own Homes in Owego, NY

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Owego, NY Foreclosures

How much do homes sell for in Owego, NY?
The average home price is currently $212,494.
In Owego, NY, how many homes are available?
There are currently 8 active home listings available in Owego.
What’s the average rental cost in Owego, NY?
The average rental price in Owego is $1,247.
What is the most expensive home in Owego?
The most expensive home sold in Owego had a price of $6,484,288.
What is currently the cheapest priced home in Owego, NY?
The cheapest home for sale in Owego is priced at $12,130.

Living in Owego, NY

Owego, located in Tioga County, NY, is a charming village with a rich history and a vibrant community. Known for its scenic parkways alongside the Susquehanna River, it offers a peaceful suburban lifestyle while being just a short drive from larger cities. Owego features a diverse selection of shops, restaurants, and outdoor recreational activities, making it an ideal place for families and individuals alike.

Current Market Conditions in Owego, NY

Owego's real estate market is currently stable, with steady demand reported for single-family homes. Transaction activity has increased slightly over the past few months, indicating a positive market trend despite fluctuating interest rates. Homes in this region typically sell within a reasonable time frame, reflecting the desirability of the location.

The market has seen an uptick in prices compared to previous years, mainly due to limited inventory and a growing interest in the suburb as people look for more affordable housing outside of larger urban centers. Buyers are generally willing to invest in properties that are move-in ready or have the potential for renovation.

Home Value Estimator For Owego, NY

There are currently 3,976 real estate properties in Owego, NY, with a median automated valuation model (AVM) price of $190,993.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Owego, 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 Owego, NY, is $212,494.00, with the most expensive house in Owego, NY, topping out at $6,484,288.00 and the cheapest home in Owego, NY, clocking in at $12,130.00. In other words, there’s something for every potential homebuyer or savvy investor in Owego, NY!

Rent Prices In Owego, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Owego, NY, is on a rollercoaster ride. The average rent price in Owego, NY, is $1,247.00. Indeed, when looking to rent in Owego, NY, you can expect to pay as little as $480.00 or as much as $6,220.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Owego, 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.

Owego, NY Rent To Own Homes

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