Living in Versailles, NY
Versailles, NY is a charming village that offers a peaceful lifestyle with stunning natural landscapes. Known for its close-knit community, residents enjoy local amenities, excellent schools, and various outdoor activities. It's an ideal location for families and those seeking a slower pace of life.
Current Market Conditions in Versailles, NY
The local real estate market in Versailles is currently experiencing a steady demand, with properties maintaining their value and appealing to a diverse range of buyers. The area has seen an influx of families looking for affordable homes in a serene environment, coupled with retirees seeking tranquility away from urban sprawl.
Rental properties are also in demand, driven in part by the overall growth in remote work opportunities and an increase in individuals and families relocating from larger cities. As market interest continues to rise, home prices have shown a modest upward trend, reflecting the area's desirability.
Home Value Estimator For Versailles, NY
There are currently 16 real estate properties
in Versailles, NY,
with a median automated valuation model (AVM) price
of $98,873.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Versailles, 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 Versailles, NY,
is $139,100.00, with the most expensive house
in Versailles, NY, topping out
at $383,515.00 and the cheapest home
in Versailles, NY,
clocking in at $23,840.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Versailles, NY!
Rent Prices
In Versailles, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Versailles, NY, is on
a rollercoaster ride. The
average rent price in Versailles, NY,
is $1,121.00. Indeed, when looking to rent in
Versailles, NY, you can expect to pay as little
as $970.00 or as much
as $1,480.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Versailles, 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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