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Preforeclosure Homes in Ridgewood, NY

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Ridgewood, NY Foreclosures

How much do homes sell for in Ridgewood, NY?
The average home price is currently $1,131,499.
In Ridgewood, NY, how many homes are available?
There are currently 51 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 $13,505,713.
What is currently the cheapest priced home in Ridgewood, NY?
The cheapest home for sale in Ridgewood is priced at $32,962.

Living in Ridgewood, NY

Ridgewood, NY is a sought-after neighborhood known for its unique blend of urban and suburban living. With tree-lined streets, a rich array of cafes and shops, and a strong community spirit, it offers a welcoming atmosphere for families and young professionals alike. Its excellent transport links to Manhattan and vibrant local culture make it an attractive place to call home.

Current Market Conditions in Ridgewood, NY

The real estate market in Ridgewood is characterized by a steady demand due to its appealing lifestyle and convenient location. Recently, there has been a noticeable increase in the median home prices as the community's popularity grows, attracting both first-time buyers and investors looking for rental properties. Homes typically sell within a few weeks, indicating a competitive market.

Many buyers are drawn to Ridgewood for its diverse real estate options, ranging from historic single-family homes to modern multi-family units. The trend shows that well-maintained homes in desirable locations are selling quickly, often above the asking price.

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 $1,039,939.00. 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 $1,131,499.00, with the most expensive house in Ridgewood, NY, topping out at $13,505,713.00 and the cheapest home in Ridgewood, NY, clocking in at $32,962.00. 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 Preforeclosure Homes


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