Living in Sylvan Beach, NY
Sylvan Beach is a peaceful village nestled on the shores of Oneida Lake in New York. With its family-friendly atmosphere, outdoor activities, and local charm, it serves as a perfect retreat for individuals and families. The community thrives on leisure and offers a variety of amenities, ensuring a delightful living experience.
Current Market Conditions in Sylvan Beach, NY
The real estate market in Sylvan Beach remains relatively stable, with a blend of seasonal and year-round residents. As a small resort village, much of the housing here consists of lakefront properties, vacation homes, and some single-family residences. Recent trends indicate a rise in demand for properties due to the area's attractiveness as a summer destination, which may lead to gradual appreciation in home prices.
Interest in Sylvan Beach has been growing, largely due to its scenic appeal and recreational opportunities. First-time buyers seeking affordable starter homes or vacationers looking for a seasonal getaway have shown increased interest. The market has seen a slight uptick in prices, particularly for nicer waterfront properties, yet there remains a diversity of options at various price points.
Home Value Estimator For Sylvan Beach, NY
There are currently 317 real estate properties
in Sylvan Beach, NY,
with a median automated valuation model (AVM) price
of $183,232.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sylvan Beach, 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 Sylvan Beach, NY,
is $217,319.00, with the most expensive house
in Sylvan Beach, NY, topping out
at $1,384,419.00 and the cheapest home
in Sylvan Beach, NY,
clocking in at $12,974.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sylvan Beach, NY!
Rent Prices
In Sylvan Beach, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sylvan Beach, NY, is on
a rollercoaster ride. The
average rent price in Sylvan Beach, NY,
is $1,330.00. Indeed, when looking to rent in
Sylvan Beach, NY, you can expect to pay as little
as $940.00 or as much
as $2,210.00,
with the average rent median estimated to
be $1,310.00. The good news is that finding
an affordable and desirable property to rent in Sylvan Beach, 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.
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