Foreclosure Homes in Phoenix, NY 13135

Current Market Conditions in Phoenix, NY

Phoenix's real estate market is currently vibrant, with a mix of single-family homes, townhouses, and rental properties available. New construction is starting to pick up, attracting families eager to settle in a community-oriented area. The market has remained stable, with property values gradually increasing as Phoenix maintains its charm and appeal.

Interest rates for mortgages have led to a competitive market, but listings still hold steady, making it an excellent opportunity for home buyers seeking a smaller community outside of urban centers. Investors are also finding value in rental properties due to the influx of new residents seeking affordability while being close to larger cities.

Rent Prices In Phoenix, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Phoenix, NY, is on a rollercoaster ride. The average rent price in Phoenix, NY, is $1,372.00. Indeed, when looking to rent in Phoenix, NY, you can expect to pay as little as $520.00 or as much as $2,360.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Phoenix, 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.