Foreclosure Homes in Phelps, NY 14532

Current Market Conditions in Phelps, NY

The real estate market in Phelps is currently experiencing stable growth with an increase in demand for single-family homes. As people seek more affordable living options away from larger cities, properties in this area are becoming increasingly attractive to buyers.

Investors are observing favorable conditions with a steady appreciation in home values, making it a promising opportunity for long-term investment. The balance between supply and demand in this region indicates a healthy market for potential buyers.

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.