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Cheap Homes in Patterson, NY

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Patterson, NY Foreclosures

How much do homes sell for in Patterson, NY?
The average home price is currently $513,370.
What’s the average rental cost in Patterson, NY?
The average rental price in Patterson is $1,966.
What is the most expensive home in Patterson?
The most expensive home sold in Patterson had a price of $6,967,342.
What is currently the cheapest priced home in Patterson, NY?
The cheapest home for sale in Patterson is priced at $10,125.

Living in Patterson, NY

Patterson, NY is a serene suburban town set in Putnam County, offering a balance of rural charm and easy access to larger urban centers. Residents enjoy a variety of outdoor activities and community engagement, along with a selection of good schools for families. With its peaceful environment and community-focused lifestyle, Patterson is a desirable location for those seeking a quieter place to live.

Current Market Conditions in Patterson, NY

The real estate market in Patterson shows a steady demand, with homes often receiving multiple offers. The balance between supply and demand has made it a competitive market, especially for single-family homes. As families seek homes with more space and access to nature, Patterson's appeal continues to grow, attracting both new residents and investors.

In recent months, the market has seen slight fluctuations with an uptick in median prices due to limited inventory. This trend points towards a seller's market, making it a favorable time for those looking to sell their property. Interest from buyers remains strong, driven by the desire for homes in more spacious environments.

Home Value Estimator For Patterson, NY

There are currently 2,918 real estate properties in Patterson, NY, with a median automated valuation model (AVM) price of $446,911.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Patterson, 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 Patterson, NY, is $513,370.00, with the most expensive house in Patterson, NY, topping out at $6,967,342.00 and the cheapest home in Patterson, NY, clocking in at $10,125.00. In other words, there’s something for every potential homebuyer or savvy investor in Patterson, NY!

Rent Prices In Patterson, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Patterson, NY, is on a rollercoaster ride. The average rent price in Patterson, NY, is $1,966.00. Indeed, when looking to rent in Patterson, NY, you can expect to pay as little as $1,090.00 or as much as $5,830.00, with the average rent median estimated to be $1,900.00. The good news is that finding an affordable and desirable property to rent in Patterson, 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.

Cheap Homes in Patterson, NY


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