Silver Lake, NY Foreclosures
How much do homes sell for in Silver Lake, NY?
The average home price is currently $197,876.
In Silver Lake, NY, how many homes are available?
There are currently 48 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 $710,505.
What is currently the cheapest priced home in Silver Lake, NY?
The cheapest home for sale in Silver Lake is priced at $108,700.
Living in Silver Lake, NY
Silver Lake is a charming village in New York that offers a serene lifestyle surrounded by nature. With its scenic lake and friendly community, it’s an ideal spot for homebuyers seeking tranquility. Residents can enjoy various outdoor activities and a close-knit neighborhood.
Current Market Conditions in Silver Lake, NY
Silver Lake has seen steady real estate demand recently, with homes in the area attracting both local buyers and those looking for vacation properties. The mix of affordable housing options and scenic views makes this area appealing to families and retirees alike.
The market is currently favoring sellers, with inventory levels low compared to demand, leading to a competitive atmosphere. However, there are still options available for buyers willing to invest in this peaceful locale.
Home Value Estimator For Silver Lake, NY
There are currently 32 real estate properties
in Silver Lake, NY,
with a median automated valuation model (AVM) price
of $148,800.00. 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 $197,876.00, with the most expensive house
in Silver Lake, NY, topping out
at $710,505.00 and the cheapest home
in Silver Lake, NY,
clocking in at $108,700.00. 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.