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Foreclosure Homes in Pelham, NY

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Pelham, NY Foreclosures

How much do homes sell for in Pelham, NY?
The average home price is currently $1,369,679.
In Pelham, NY, how many homes are available?
There are currently 8 active home listings available in Pelham.
What’s the average rental cost in Pelham, NY?
The average rental price in Pelham is $4,283.
What is the most expensive home in Pelham?
The most expensive home sold in Pelham had a price of $18,917,954.
What is currently the cheapest priced home in Pelham, NY?
The cheapest home for sale in Pelham is priced at $45,049.

Living in Pelham, NY

Pelham, NY, is a charming suburban town just a short commute from New York City, characterized by its excellent schools, friendly community ambiance, and accessible transportation options. Residents enjoy a range of amenities, including parks, shops, and restaurants, making it an ideal place to live for families and professionals alike. With its picturesque streets and close-knit community, Pelham embodies the perfect balance between suburban comfort and urban convenience.

Current Market Conditions in Pelham, NY

The current real estate market in Pelham is showing signs of a steady demand with an increasing trend in home prices. The community remains popular due to its desirable location and quality of life, drawing home buyers who are willing to invest in the area.

Properties in Pelham are typically on the market for a shorter period compared to the previous year, indicating a competitive market. The limited supply of homes combined with strong buyer interest has led to bidding wars in some cases.

Home Value Estimator For Pelham, NY

There are currently 6,502 real estate properties in Pelham, NY, with a median automated valuation model (AVM) price of $1,242,616.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pelham, 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 Pelham, NY, is $1,369,679.00, with the most expensive house in Pelham, NY, topping out at $18,917,954.00 and the cheapest home in Pelham, NY, clocking in at $45,049.00. In other words, there’s something for every potential homebuyer or savvy investor in Pelham, NY!

Rent Prices In Pelham, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pelham, NY, is on a rollercoaster ride. The average rent price in Pelham, NY, is $4,283.00. Indeed, when looking to rent in Pelham, NY, you can expect to pay as little as $1,750.00 or as much as $6,200.00, with the average rent median estimated to be $4,440.00. The good news is that finding an affordable and desirable property to rent in Pelham, 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.

Pelham, NY Foreclosures

Market Trend for Pelham, NY

Total Listings Available: 8

Market Values:

Home Prices from $45,049 to $18,917,954

Average Sales Price: $1,369,679

Rental Values:

Rental from $1,750 to $6,200

Average Rent Value: $4,283 / month

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