Multi-family Foreclosures in Tappan, NY 10983

Current Market Conditions in Tappan, NY

The real estate market in Tappan, NY, has shown robust growth over the past year. Demand for homes in this area has increased due to its scenic beauty and family-friendly environment. With a mix of historic homes and newer builds, Tappan offers a diverse range of properties that attract both families and retirees looking for a serene place to live.

Current trends indicate a rise in home prices, driven by low inventory and an influx of buyers seeking suburban lifestyles post-pandemic. The average days on the market for homes have decreased, reflecting a competitive marketplace where well-priced homes are selling quickly.

Rent Prices In Tappan, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tappan, NY, is on a rollercoaster ride. The average rent price in Tappan, NY, is $2,657.00. Indeed, when looking to rent in Tappan, NY, you can expect to pay as little as $1,550.00 or as much as $3,500.00, with the average rent median estimated to be $2,700.00. The good news is that finding an affordable and desirable property to rent in Tappan, 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.