Solvay, NY Foreclosures
How much do homes sell for in Solvay, NY?
The average home price is currently $178,206.
In Solvay, NY, how many homes are available?
There are currently 6 active home listings available in Solvay.
What’s the average rental cost in Solvay, NY?
The average rental price in Solvay is $1,173.
What is the most expensive home in Solvay?
The most expensive home sold in Solvay had a price of $836,427.
What is currently the cheapest priced home in Solvay, NY?
The cheapest home for sale in Solvay is priced at $16,860.
Living in Solvay, NY
Solvay, NY, is a charming village known for its community spirit and accessibility to Syracuse. With a variety of parks and local amenities, it offers a peaceful lifestyle while remaining close to urban conveniences. Ideal for families and individuals alike, Solvay presents a balanced lifestyle with local shops and recreational opportunities.
Current Market Conditions in Solvay, NY
The real estate market in Solvay has been showing stable growth. Property values have steadily increased over the past year, attracting new buyers seeking affordable housing in a family-friendly atmosphere. With a mix of charming older homes and new developments, Solvay caters to a diverse range of preferences for potential homeowners.
Currently, it's a seller's market due to limited inventory and high demand, creating an environment where homes are selling quickly and often above asking prices. This trend is expected to continue as more people discover the advantages of living in this vibrant village.
Home Value Estimator For Solvay, NY
There are currently 465 real estate properties
in Solvay, NY,
with a median automated valuation model (AVM) price
of $165,472.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Solvay, 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 Solvay, NY,
is $178,206.00, with the most expensive house
in Solvay, NY, topping out
at $836,427.00 and the cheapest home
in Solvay, NY,
clocking in at $16,860.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Solvay, NY!
Rent Prices
In Solvay, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Solvay, NY, is on
a rollercoaster ride. The
average rent price in Solvay, NY,
is $1,173.00. Indeed, when looking to rent in
Solvay, NY, you can expect to pay as little
as $710.00 or as much
as $2,530.00,
with the average rent median estimated to
be $1,150.00. The good news is that finding
an affordable and desirable property to rent in Solvay, 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
