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Multi-family Homes in Alfred, NY

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Top Reasons To Live In Alfred, NY In 2024

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.


Cost Of Living In Alfred, NY

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.


Diversity And Demographics In Alfred, New York

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:

White 83.7%
Black / African American 7.4%
Asian 4.8%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.5%
Other 2.2%

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:

Under 10 2.7%
Aged 10-19 41.9%
20s 39.4%
30s 3.3%
40s 2.2%
50s 3.3%
60s 4.8%
70s 1.8%
80+ 0.7%

Best Schools In Alfred, New York

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.


Pros And Cons Of Living In Alfred, New York

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:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Alfred.


Reasons To Move To Alfred, New York, In 2024

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.

Alfred, NY Multi-family Homes Foreclosures


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