Foreclosure Homes in Phelps, NY 14532

Current Market Conditions in Phelps, NY

The real estate market in Phelps has shown stability over the past few months, with moderate price growth indicating a healthy environment for buyers and sellers alike. Homes in the area appeal to those seeking the tranquility of rural living combined with community charm, making Phelps a desirable place to reside. Buyers are increasingly attracted to the value and lifestyle that Phelps offers, as it continues to attract interest from new residents moving from urban areas.

Recent trends indicate that homes are spending a reasonable period on the market, illustrating a balanced supply and demand scenario. The market is currently appealing to first-time buyers as well as families looking for larger spaces, pushing property values upwards as jaded buyers are bidding competitively for houses that match their desires.

Rent Prices In Phelps, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Phelps, NY, is on a rollercoaster ride. The average rent price in Phelps, NY, is $1,237.00. Indeed, when looking to rent in Phelps, NY, you can expect to pay as little as $740.00 or as much as $2,010.00, 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 Phelps, 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.