Cheap Homes in Cohoes, NY

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6 View this home at 2nd St Albany NY 12206
$28,542 EMV
2nd St
Albany, NY 12206
2 |
EST. RENT: $1,301
AUCTION: 05-20-2024
2 |
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Top Reasons To Live In Cohoes, NY In 2024

Cohoes is located in Albany, New York, with an estimated municipal population of 16,687 residents. All of the best foreclosed homes for sale in Cohoes are located in the following zip code areas on 12047. The estimated population per square kilometer (.62 miles) in Cohoes is 1,707.

Cost Of Living In Cohoes, NY

So, about how much do homes cost in Cohoes? The most recent median value of resident-owned homes in Cohoes is 155,704. An estimated 39.9 percent of households in Cohoes own their homes, with an average family size of 2.98. The median household income in Cohoes is 55,054, with17.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cohoes, the median commute time of resident workers (in minutes) is 21.3. And last, but certainly not least, are you looking for homes to rent in Cohoes? If so, the average rent price paid by renters in Cohoes is 944, according to recent statistics.

Diversity And Demographics In Cohoes, 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 Cohoes, 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 Cohoes is 37.5, split between 45 percent male versus 55 female. The percentage of residents who report being married in Cohoes is 35.7, with an average family size of 2.98.

The percentage of residents who report their race in Cohoes is as follows:

White 83.7%
Black / African American 6.4%
Asian 0.8%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 8.5%
Other 0.2%

Looking for family-friendly neighborhoods in and/or near Cohoes? Or maybe you are searching for 55+ active adult communities in and/or near Cohoes?

The percentage of residents who report their age in Cohoes is as follows:

Under 10 12.2%
Aged 10-19 9.1%
20s 17.3%
30s 14.1%
40s 11.8%
50s 11%
60s 11%
70s 7.1%
80+ 6.6%

Best Schools In Cohoes, 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 Cohoes with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cohoes.

Pros And Cons Of Living In Cohoes, New York

How do you know that living in -- or moving to -- Cohoes is right where you need to be? Perhaps you grew up in Cohoes or already live nearby; therefore, the decision to buy a home in Cohoes is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cohoes 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 Cohoes:

  • 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 Cohoes.

Reasons To Move To Cohoes, 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 Cohoes can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cohoes, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Cohoes, NY


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