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Preforeclosure Homes in Ridgewood, NY 11385

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Ridgewood, NY Foreclosures

How much do homes sell for in Ridgewood, NY?
The average home price is currently $1,127,394.
In Ridgewood, NY, how many homes are available?
There are currently 56 active home listings available in Ridgewood.
What’s the average rental cost in Ridgewood, NY?
The average rental price in Ridgewood is $2,224.
What is the most expensive home in Ridgewood?
The most expensive home sold in Ridgewood had a price of $13,341,946.
What is currently the cheapest priced home in Ridgewood, NY?
The cheapest home for sale in Ridgewood is priced at $32,577.

Living in Ridgewood, NY

Ridgewood, NY, is a charming neighborhood that combines residential bliss with easy access to the vibrant life of New York City. Known for its historic homes and local attractions, the area offers a strong community vibe while providing essential amenities and outdoor spaces. Whether you're seeking a family-friendly atmosphere or a mix of urban and suburban living, Ridgewood has something for everyone.

Current Market Conditions in Ridgewood, NY

The real estate market in Ridgewood has seen steady growth in recent years, with an increase in demand due to its desirable location and family-friendly environment. House prices have gradually risen, but the area still offers a variety of options for different budgets. The neighborhood’s charm and accessibility continue to attract homebuyers, including young professionals and families.

Recently, there's been a notable increase in investment and new developments in the Ridgewood area. Buyers are becoming more aware of the advantages of living here compared to neighboring neighborhoods. This influx is contributing to an overall positive trend in property values and the rental market, making it an exciting time for investors.

Home Value Estimator For Ridgewood, NY

There are currently 292 real estate properties in Ridgewood, NY, with a median automated valuation model (AVM) price of $1,037,428.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ridgewood, 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 Ridgewood, NY, is $1,127,394.00, with the most expensive house in Ridgewood, NY, topping out at $13,341,946.00 and the cheapest home in Ridgewood, NY, clocking in at $32,577.00. In other words, there’s something for every potential homebuyer or savvy investor in Ridgewood, NY!

Rent Prices In Ridgewood, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ridgewood, NY, is on a rollercoaster ride. The average rent price in Ridgewood, NY, is $2,224.00. Indeed, when looking to rent in Ridgewood, NY, you can expect to pay as little as $1,730.00 or as much as $2,800.00, with the average rent median estimated to be $2,010.00. The good news is that finding an affordable and desirable property to rent in Ridgewood, 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.

Ridgewood, NY 11385 Preforeclosure Homes


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