Foreclosure Homes in Pelham, NY 10803

Current Market Conditions in Pelham, NY

The real estate market in Pelham has remained steady with a slight uptick in demand for residential properties. The appeal of living in a suburban environment while maintaining easy access to NYC continues to attract buyers. Homes in Pelham are highly sought after, particularly those with good school district ratings and proximity to public transport.

This year, Pelham has seen a diverse range of home listings, from cozy single-family homes to larger estates, catering to different buyers' preferences. The average price of homes has increased slightly due to a combination of low inventory and high buyer demand, reflecting the trend in many suburban markets.

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.