Union Springs, NY Foreclosures
How much do homes sell for in Union Springs, NY?
The average home price is currently $304,256.
What’s the average rental cost in Union Springs, NY?
The average rental price in Union Springs is $1,292.
What is the most expensive home in Union Springs?
The most expensive home sold in Union Springs had a price of $5,677,608.
What is currently the cheapest priced home in Union Springs, NY?
The cheapest home for sale in Union Springs is priced at $20,441.
Living in Union Springs, NY
Union Springs, NY, is a charming village nestled on the eastern shore of Cayuga Lake, offering a serene lifestyle surrounded by beautiful landscapes. With close-knit community events and access to outdoor activities, it’s ideal for those who enjoy nature and small-town living. Key amenities are available locally, while larger urban centers are just a short drive away, making it a balanced place to call home.
Current Market Conditions in Union Springs, NY
The real estate market in Union Springs has shown consistent activity over the past several months, with a steady demand for homes, especially among families and retirees. The village's attractive location by the lake and its rural charm keep it appealing to buyers, and properties typically sell relatively quickly compared to surrounding areas. Listings tend to fluctuate, but inventory remains moderate, leading to healthy competition among buyers.
Interest in Union Springs real estate has increased significantly in the past year, driven in part by people seeking a quieter, more peaceful lifestyle post-pandemic. The market trends indicate a reversal of the usual pattern, where more affluent buyers are looking to purchase second homes in the area, thereby elevating property values compared to previous years.
Home Value Estimator For Union Springs, NY
There are currently 824 real estate properties
in Union Springs, NY,
with a median automated valuation model (AVM) price
of $239,586.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Union Springs, 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 Union Springs, NY,
is $304,256.00, with the most expensive house
in Union Springs, NY, topping out
at $5,677,608.00 and the cheapest home
in Union Springs, NY,
clocking in at $20,441.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Union Springs, NY!
Rent Prices
In Union Springs, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Union Springs, NY, is on
a rollercoaster ride. The
average rent price in Union Springs, NY,
is $1,292.00. Indeed, when looking to rent in
Union Springs, NY, you can expect to pay as little
as $810.00 or as much
as $2,430.00,
with the average rent median estimated to
be $1,260.00. The good news is that finding
an affordable and desirable property to rent in Union Springs, 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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