Plattsburgh, NY Foreclosures
How much do homes sell for in Plattsburgh, NY?
The average home price is currently $298,241.
In Plattsburgh, NY, how many homes are available?
There are currently 30 active home listings available in Plattsburgh.
What’s the average rental cost in Plattsburgh, NY?
The average rental price in Plattsburgh is $1,446.
What is the most expensive home in Plattsburgh?
The most expensive home sold in Plattsburgh had a price of $53,876,580.
What is currently the cheapest priced home in Plattsburgh, NY?
The cheapest home for sale in Plattsburgh is priced at $12,736.
Living in Plattsburgh, NY
Plattsburgh, NY is a picturesque city located by Lake Champlain, known for its outdoor activities, vibrant community, and rich educational opportunities. It features a charming downtown with local shops and is home to Plattsburgh State University, enhancing its cultural landscape. Residents enjoy a wholesome lifestyle with access to parks, recreational activities, and strong community events.
Current Market Conditions in Plattsburgh, NY
The real estate market in Plattsburgh is currently trending towards a seller's market, with an increase in demand for residential properties and a limited supply. Home values have risen steadily, driven by interest from first-time buyers and those seeking vacation homes near the lake. Median home prices have appreciated over the past year, reflecting the area's growing attractiveness as a place to live.
Many buyers are attracted to the affordability compared to larger metropolitan areas, contributing to increased real estate activity. There is a noticeable trend of people moving to Plattsburgh for remote work opportunities, enhancing the demand for spacious homes with amenities.
Plattsburgh's market has a healthy turnover rate, with homes often selling quickly, particularly those priced below the median range. However, luxury homes are also seeing interest due to the area’s scenic beauty, making it a competitive space for listings.
Home Value Estimator For Plattsburgh, NY
There are currently 10,438 real estate properties
in Plattsburgh, NY,
with a median automated valuation model (AVM) price
of $235,565.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Plattsburgh, 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 Plattsburgh, NY,
is $298,241.00, with the most expensive house
in Plattsburgh, NY, topping out
at $53,876,580.00 and the cheapest home
in Plattsburgh, NY,
clocking in at $12,736.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Plattsburgh, NY!
Rent Prices
In Plattsburgh, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Plattsburgh, NY, is on
a rollercoaster ride. The
average rent price in Plattsburgh, NY,
is $1,446.00. Indeed, when looking to rent in
Plattsburgh, NY, you can expect to pay as little
as $760.00 or as much
as $5,680.00,
with the average rent median estimated to
be $1,440.00. The good news is that finding
an affordable and desirable property to rent in Plattsburgh, 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.
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