Savoy, MA Foreclosures
How much do homes sell for in Savoy, MA?
The average home price is currently $295,080.
In Savoy, MA, how many homes are available?
There are currently 115 active home listings available in Savoy.
What’s the average rental cost in Savoy, MA?
The average rental price in Savoy is $1,211.
What is the most expensive home in Savoy?
The most expensive home sold in Savoy had a price of $1,107,192.
What is currently the cheapest priced home in Savoy, MA?
The cheapest home for sale in Savoy is priced at $18,291.
Living in Savoy, MA
Savoy, MA is a peaceful and scenic rural town in the Berkshire Hills, offering a close-knit community vibe and a lifestyle deeply connected to nature. With gorgeous landscapes and plenty of outdoor activities, Savoy is ideal for those seeking tranquility and a slower pace of life while remaining accessible to nearby towns and amenities.
Current Market Conditions in Savoy, MA
The real estate market in Savoy, MA has seen a steady increase in demand over the past year, particularly among buyers looking for second homes or retirement properties. The appeal of rural living combined with the charm of the Berkshires continues to attract interest, leading to a stable appreciation in home values despite the overall economic landscape. Homes in Savoy typically offer larger plots and opportunities for outdoor enthusiasts, which is a unique selling point for many buyers.
In the past month, the housing activity has picked up slightly with a few new listings coming to market, particularly those emphasizing energy-efficient features and modern amenities. As remote work remains popular, more homebuyers are considering homes in Savoy as viable options for permanent relocation, leading to an overall increase in competition within the market.
Home Value Estimator For Savoy, MA
There are currently 398 real estate properties
in Savoy, MA,
with a median automated valuation model (AVM) price
of $286,874.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Savoy, MA, 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 Savoy, MA,
is $295,080.00, with the most expensive house
in Savoy, MA, topping out
at $1,107,192.00 and the cheapest home
in Savoy, MA,
clocking in at $18,291.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Savoy, MA!
Rent Prices
In Savoy, MA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Savoy, MA, is on
a rollercoaster ride. The
average rent price in Savoy, MA,
is $1,211.00. Indeed, when looking to rent in
Savoy, MA, you can expect to pay as little
as $670.00 or as much
as $2,120.00,
with the average rent median estimated to
be $1,220.00. The good news is that finding
an affordable and desirable property to rent in Savoy, MA
-- 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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