Rego Park, NY Foreclosures
How much do homes sell for in Rego Park, NY?
The average home price is currently $876,020.
In Rego Park, NY, how many homes are available?
There are currently 27 active home listings available in Rego Park.
What’s the average rental cost in Rego Park, NY?
The average rental price in Rego Park is $2,298.
What is the most expensive home in Rego Park?
The most expensive home sold in Rego Park had a price of $76,716,864.
What is currently the cheapest priced home in Rego Park, NY?
The cheapest home for sale in Rego Park is priced at $276,300.
Living in Rego Park, NY
Rego Park is a vibrant neighborhood located in Queens, New York. Known for its diverse community and convenient access to Manhattan, it offers a mix of residential buildings, shopping centers, and parks. With excellent public transportation and a variety of schools, Rego Park is an ideal place for families and young professionals alike.
Current Market Conditions in Rego Park, NY
The real estate market in Rego Park has remained stable over the past year, with a slight increase in property values driven by the area's popularity among families and young professionals. The demand for homes has been bolstered by the neighborhood's appeal due to its amenities, transportation accessibility, and community atmosphere. Recent construction and renovations have contributed positively to the overall market conditions, making it an attractive option for potential buyers.
In the past month, there was a noticeable uptick in home sales in Rego Park, indicating a competitive market. The number of properties sold has increased, and homes are being acquired quickly, often with multiple offers. This trend reflects the ongoing interest in the area as buyers seek affordable housing options within proximity to Manhattan. Real estate agents have noted that well-priced properties are receiving significant attention and are selling faster than average.
Home Value Estimator For Rego Park, NY
There are currently 430 real estate properties
in Rego Park, NY,
with a median automated valuation model (AVM) price
of $573,228.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rego Park, 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 Rego Park, NY,
is $876,020.00, with the most expensive house
in Rego Park, NY, topping out
at $76,716,864.00 and the cheapest home
in Rego Park, NY,
clocking in at $276,300.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rego Park, NY!
Rent Prices
In Rego Park, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rego Park, NY, is on
a rollercoaster ride. The
average rent price in Rego Park, NY,
is $2,298.00. Indeed, when looking to rent in
Rego Park, NY, you can expect to pay as little
as $1,400.00 or as much
as $3,770.00,
with the average rent median estimated to
be $2,060.00. The good news is that finding
an affordable and desirable property to rent in Rego Park, 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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