Springfield Gardens, NY Foreclosures
How much do homes sell for in Springfield Gardens, NY?
The average home price is currently $830,809.
In Springfield Gardens, NY, how many homes are available?
There are currently 21 active home listings available in Springfield Gardens.
What’s the average rental cost in Springfield Gardens, NY?
The average rental price in Springfield Gardens is $2,393.
What is the most expensive home in Springfield Gardens?
The most expensive home sold in Springfield Gardens had a price of $7,424,856.
What is currently the cheapest priced home in Springfield Gardens, NY?
The cheapest home for sale in Springfield Gardens is priced at $163,455.
Living in Springfield Gardens, NY
Springfield Gardens, NY offers a peaceful suburban lifestyle within the city limits, with lush parks, vibrant community events, and excellent transportation options. It’s a family-friendly neighborhood known for its diverse community and educational opportunities. Residents appreciate the balance of tranquility and urban convenience, making it a desirable place to call home.
Current Market Conditions in Springfield Gardens, NY
The current real estate market in Springfield Gardens shows steady demand, with a mix of single-family homes and multi-family units attracting buyers. Average home prices have been increasing slowly, reflecting the area’s desirability and its access to public transportation, schools, and parks. Investors are showing interest in rental properties, taking advantage of the vibrant neighborhood atmosphere and proximity to city amenities.
In the past six months, the market has seen a noticeable uptick in bidding wars, particularly for well-maintained properties that are priced competitively. The balance between supply and demand remains critical; as more buyers enter the market, sellers are becoming more strategic in their pricing and marketing efforts.
Home Value Estimator For Springfield Gardens, NY
There are currently 153 real estate properties
in Springfield Gardens, NY,
with a median automated valuation model (AVM) price
of $723,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Springfield Gardens, 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 Springfield Gardens, NY,
is $830,809.00, with the most expensive house
in Springfield Gardens, NY, topping out
at $7,424,856.00 and the cheapest home
in Springfield Gardens, NY,
clocking in at $163,455.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Springfield Gardens, NY!
Rent Prices
In Springfield Gardens, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Springfield Gardens, NY, is on
a rollercoaster ride. The
average rent price in Springfield Gardens, NY,
is $2,393.00. Indeed, when looking to rent in
Springfield Gardens, NY, you can expect to pay as little
as $1,380.00 or as much
as $3,430.00,
with the average rent median estimated to
be $2,420.00. The good news is that finding
an affordable and desirable property to rent in Springfield Gardens, 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
