Shrub Oak, NY Foreclosures
How much do homes sell for in Shrub Oak, NY?
The average home price is currently $605,456.
In Shrub Oak, NY, how many homes are available?
There are currently 3 active home listings available in Shrub Oak.
What’s the average rental cost in Shrub Oak, NY?
The average rental price in Shrub Oak is $2,426.
What is the most expensive home in Shrub Oak?
The most expensive home sold in Shrub Oak had a price of $8,140,827.
What is currently the cheapest priced home in Shrub Oak, NY?
The cheapest home for sale in Shrub Oak is priced at $26,732.
Living in Shrub Oak, NY
Shrub Oak, NY, is a peaceful suburban community in Westchester County, perfect for families and those looking for a tranquil lifestyle close to nature. The area is equipped with essential amenities, top schools, and plenty of parks that provide a wealth of outdoor activities. Its convenient transportation links allow seamless connectivity to New York City and beyond, making it an ideal place to live.
Current Market Conditions in Shrub Oak, NY
The real estate market in Shrub Oak has been steadily growing, with an influx of families looking for spacious homes in a suburban environment. Median home prices reflect a robust market, showing an increase of approximately 7% over the past year, driven by strong demand and limited inventory. New construction and renovations of older properties are also common, highlighting the area’s appeal.
Buyers are currently seeking homes in Shrub Oak for their desirable schools and community amenities, which include parks and recreational facilities. Homes are selling quickly, often with multiple offers, indicating a competitive market. This trend is expected to continue as more people look to relocate from urban areas for a quieter lifestyle.
Home Value Estimator For Shrub Oak, NY
There are currently 804 real estate properties
in Shrub Oak, NY,
with a median automated valuation model (AVM) price
of $575,869.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Shrub Oak, 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 Shrub Oak, NY,
is $605,456.00, with the most expensive house
in Shrub Oak, NY, topping out
at $8,140,827.00 and the cheapest home
in Shrub Oak, NY,
clocking in at $26,732.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shrub Oak, NY!
Rent Prices
In Shrub Oak, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shrub Oak, NY, is on
a rollercoaster ride. The
average rent price in Shrub Oak, NY,
is $2,426.00. Indeed, when looking to rent in
Shrub Oak, NY, you can expect to pay as little
as $1,090.00 or as much
as $3,720.00,
with the average rent median estimated to
be $2,460.00. The good news is that finding
an affordable and desirable property to rent in Shrub Oak, 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.
Learn more on Foreclosure homes
