Wellsburg, NY Foreclosures
How much do homes sell for in Wellsburg, NY?
The average home price is currently $171,166.
In Wellsburg, NY, how many homes are available?
There are currently 2 active home listings available in Wellsburg.
What’s the average rental cost in Wellsburg, NY?
The average rental price in Wellsburg is $1,153.
What is the most expensive home in Wellsburg?
The most expensive home sold in Wellsburg had a price of $771,325.
What is currently the cheapest priced home in Wellsburg, NY?
The cheapest home for sale in Wellsburg is priced at $20,464.
Living in Wellsburg, NY
Wellsburg, located in Chemung County, is a quaint and serene village characterized by its natural beauty and friendly community vibe. Residents enjoy a peaceful lifestyle with easy access to the scenic landscapes of the Southern Tier region. The village is known for its rich history, small-town charm, and outdoor opportunities, making it an inviting destination for families and nature enthusiasts alike.
Current Market Conditions in Wellsburg, NY
The real estate market in Wellsburg is stable, with a mix of single-family homes and older properties available. Recent trends indicate a slow but consistent increase in property values, reflecting the area's appeal to new buyers looking for affordable housing. The market is currently favorable for first-time buyers, as listings remain competitively priced.
There has been a noticeable uptick in home renovations, as many residents seek to enhance their properties, indicating a positive sentiment among homeowners. The village's charm and the allure of quiet living in a rural setting continue to attract potential buyers, shifting interest from the urban outskirts to a more community-focused lifestyle.
Home Value Estimator For Wellsburg, NY
There are currently 475 real estate properties
in Wellsburg, NY,
with a median automated valuation model (AVM) price
of $159,277.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wellsburg, 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 Wellsburg, NY,
is $171,166.00, with the most expensive house
in Wellsburg, NY, topping out
at $771,325.00 and the cheapest home
in Wellsburg, NY,
clocking in at $20,464.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wellsburg, NY!
Rent Prices
In Wellsburg, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wellsburg, NY, is on
a rollercoaster ride. The
average rent price in Wellsburg, NY,
is $1,153.00. Indeed, when looking to rent in
Wellsburg, NY, you can expect to pay as little
as $710.00 or as much
as $1,730.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Wellsburg, 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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