Silver Lake, NY Foreclosures
How much do homes sell for in Silver Lake, NY?
The average home price is currently $176,208.
In Silver Lake, NY, how many homes are available?
There are currently 51 active home listings available in Silver Lake.
What’s the average rental cost in Silver Lake, NY?
The average rental price in Silver Lake is $1,100.
What is the most expensive home in Silver Lake?
The most expensive home sold in Silver Lake had a price of $704,271.
What is currently the cheapest priced home in Silver Lake, NY?
The cheapest home for sale in Silver Lake is priced at $12,075.
Living in Silver Lake, NY
Silver Lake, NY, is a serene community nestled in the Finger Lakes region, known for its beautiful lake and outdoor recreational opportunities. With a friendly atmosphere and a variety of local amenities, it is an ideal place for families and those seeking a peaceful lifestyle. The area boasts access to parks, festivals, and stunning natural landscapes.
Current Market Conditions in Silver Lake, NY
The real estate market in Silver Lake, NY, is currently experiencing steady growth, with a noticeable increase in demand for homes, particularly those with lakefront access. Properties in this area are popular among both buyers looking for primary residences and second homes, resulting in a competitive market.
In recent months, the Silver Lake real estate market has seen an influx of buyers, leading to rising prices and quicker sales. Many buyers are attracted to the area's natural beauty, recreational offerings, and strong community vibe, making it a desirable location in the Finger Lakes region.
Home Value Estimator For Silver Lake, NY
There are currently 46 real estate properties
in Silver Lake, NY,
with a median automated valuation model (AVM) price
of $147,242.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Silver Lake, 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 Silver Lake, NY,
is $176,208.00, with the most expensive house
in Silver Lake, NY, topping out
at $704,271.00 and the cheapest home
in Silver Lake, NY,
clocking in at $12,075.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Silver Lake, NY!
Rent Prices
In Silver Lake, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Silver Lake, NY, is on
a rollercoaster ride. The
average rent price in Silver Lake, NY,
is $1,100.00. Indeed, when looking to rent in
Silver Lake, NY, you can expect to pay as little
as $910.00 or as much
as $1,240.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Silver Lake, 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
