Living in Ruby, NY
Ruby, NY is a quaint community that offers a peaceful and family-friendly environment with beautiful scenery and accessible outdoor activities. Its local schools are well-regarded, and residents enjoy a tight-knit community atmosphere. With nearby parks and recreational options, Ruby is ideal for those seeking a rural lifestyle with modern conveniences.
Current Market Conditions in Ruby, NY
The current real estate market in Ruby, NY is experiencing steady growth, with increasing demand driving home prices upward. Many buyers are attracted to the scenic beauty and community-oriented lifestyle, leading to a competitive market for available homes.
In recent months, Ruby has seen a rise in the number of families moving to the area, seeking affordable housing options and a slower-paced lifestyle. This trend is reflected in the number of new construction projects being undertaken, as developers aim to meet the demand.
Home Value Estimator For Ruby, NY
There are currently 37 real estate properties
in Ruby, NY,
with a median automated valuation model (AVM) price
of $305,368.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ruby, 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 Ruby, NY,
is $326,545.00, with the most expensive house
in Ruby, NY, topping out
at $885,762.00 and the cheapest home
in Ruby, NY,
clocking in at $10,623.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ruby, NY!
Rent Prices
In Ruby, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ruby, NY, is on
a rollercoaster ride. The
average rent price in Ruby, NY,
is $1,160.00. Indeed, when looking to rent in
Ruby, NY, you can expect to pay as little
as $1,160.00 or as much
as $1,160.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Ruby, 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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