Penfield, NY Foreclosures
Current Market Conditions in in Penfield, NY As of April 2026?
Over the past month, the Penfield real estate market has seen a slight uptick in home sales, attributed to the ongoing low-interest-rate environment and a decrease in available inventory. However, this has led to competitive offers on homes, and buyers are increasingly willing to make offers above asking price to secure their desired properties.
How much do homes sell for in Penfield, NY?
The average home price is currently $422,660.
In Penfield, NY, how many homes are available?
There are currently 8 active home listings available in Penfield.
What’s the average rental cost in Penfield, NY?
The average rental price in Penfield is $1,883.
What is the most expensive home in Penfield?
The most expensive home sold in Penfield had a price of $40,020,934.
What is currently the cheapest priced home in Penfield, NY?
The cheapest home for sale in Penfield is priced at $15,952.
Living in Penfield, NY
Penfield is a suburban town located in Monroe County, New York. Known for its family-friendly environment, this picturesque community offers a variety of parks, recreational activities, and strong educational institutions. With its proximity to the city of Rochester, residents enjoy a peaceful suburban lifestyle with easy access to urban amenities.
Buyer vs Seller Market in Penfield, NY
The real estate market in Penfield is thriving, characterized by a mix of single-family homes, townhouses, and condominiums. As a desirable suburban community, it has attracted a steady influx of buyers looking for family-friendly neighborhoods and good schools, maintaining stable growth in property values.
Recent trends show an increase in home sales, with many homes selling within a few weeks of listing, illustrating the high demand in this area. First-time homebuyers, in particular, are drawn to Penfield due to its affordability compared to neighboring suburban towns.
Home Value Estimator For Penfield, NY
There are currently 7,907 real estate properties
in Penfield, NY,
with a median automated valuation model (AVM) price
of $379,105.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Penfield, 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 Penfield, NY,
is $422,660.00, with the most expensive house
in Penfield, NY, topping out
at $40,020,934.00 and the cheapest home
in Penfield, NY,
clocking in at $15,952.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Penfield, NY!
Rent Prices
In Penfield, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Penfield, NY, is on
a rollercoaster ride. The
average rent price in Penfield, NY,
is $1,883.00. Indeed, when looking to rent in
Penfield, NY, you can expect to pay as little
as $870.00 or as much
as $3,100.00,
with the average rent median estimated to
be $1,820.00. The good news is that finding
an affordable and desirable property to rent in Penfield, 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.
Learn more on Foreclosure homes
