There are currently 177 real estate properties in Alfred, NY, with a median automated valuation model (AVM) price of $128,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alfred, 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 Alfred, NY, is $135,974.00, with the most expensive house in Alfred, NY, topping out at $627,500.00 and the cheapest home in Alfred, NY, clocking in at $60,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Alfred, NY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alfred, NY, is on a rollercoaster ride. The average rent price in Alfred, NY, is $1,174.00. Indeed, when looking to rent in Alfred, NY, you can expect to pay as little as $900.00 or as much as $1,570.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Alfred, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Alfred, NY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Alfred, NY and much more. Save thousands at closing with home foreclosure listings in Alfred, NY — up to 75% off market value!
Alfred is located in Allegany, New York, with an estimated municipal population of 5,035 residents. All of the best foreclosed homes for sale in Alfred are located in the following zip code areas on Foreclosure.com: 14802 14803 14806. The estimated population per square kilometer (.62 miles) in Alfred is 61.
So, about how much do homes cost in Alfred? The most recent median value of resident-owned homes in Alfred is 118,402. An estimated 54.8 percent of households in Alfred own their homes, with an average family size of 2.93. The median household income in Alfred is 46,339, with24.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Alfred, the median commute time of resident workers (in minutes) is 11.3. And last, but certainly not least, are you looking for homes to rent in Alfred? If so, the average rent price paid by renters in Alfred is 727, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Alfred, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Alfred is 20.3, split between 57.3 percent male versus 42.7 female. The percentage of residents who report being married in Alfred is 14.1, with an average family size of 2.93.
The percentage of residents who report their race in Alfred is as follows:
|Black / African American||7.4%|
|American Indian / Alaskan Native||0.4%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Alfred? Or maybe you are searching for 55+ active adult communities in and/or near Alfred?
The percentage of residents who report their age in Alfred is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Alfred with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Alfred.
How do you know that living in -- or moving to -- Alfred is right where you need to be? Perhaps you grew up in Alfred or already live nearby; therefore, the decision to buy a home in Alfred is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Alfred for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Alfred:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Alfred.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Alfred can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Alfred, meanwhile, can field multiple offers from more qualified buyers.
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