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There are currently 872 real estate properties in Elbridge, NY, with a median automated valuation model (AVM) price of $200,735.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elbridge, 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 Elbridge, NY, is $212,462.00, with the most expensive house in Elbridge, NY, topping out at $754,091.00 and the cheapest home in Elbridge, NY, clocking in at $20,606.00. In other words, there’s something for every potential homebuyer or savvy investor in Elbridge, NY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elbridge, NY, is on a rollercoaster ride. The average rent price in Elbridge, NY, is $1,427.00. Indeed, when looking to rent in Elbridge, NY, you can expect to pay as little as $800.00 or as much as $2,190.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Elbridge, 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.
Elbridge is located in Onondaga, New York, with an estimated municipal population of 5,741 residents. All of the best foreclosed homes for sale in Elbridge are located in the following zip code areas on Foreclosure.com: 13112 13060 13080. The estimated population per square kilometer (.62 miles) in Elbridge is 59.
So, about how much do homes cost in Elbridge? The most recent median value of resident-owned homes in Elbridge is 121,217. An estimated 82.6 percent of households in Elbridge own their homes, with an average family size of 2.94. The median household income in Elbridge is 59,120, with22.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Elbridge, the median commute time of resident workers (in minutes) is 25.3. And last, but certainly not least, are you looking for homes to rent in Elbridge? If so, the average rent price paid by renters in Elbridge is 649, 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 Elbridge, 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 Elbridge is 47.7, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Elbridge is 49.5, with an average family size of 2.94.
The percentage of residents who report their race in Elbridge is as follows:
| White | 94% |
| Black / African American | 0.4% |
| Asian | 0.4% |
| American Indian / Alaskan Native | 0.2% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 4.3% |
| Other | 0.7% |
Looking for family-friendly neighborhoods in and/or near Elbridge? Or maybe you are searching for 55+ active adult communities in and/or near Elbridge?
The percentage of residents who report their age in Elbridge is as follows:
| Under 10 | 6.1% |
| Aged 10-19 | 15.5% |
| 20s | 10.9% |
| 30s | 6.8% |
| 40s | 15.5% |
| 50s | 18.3% |
| 60s | 12.3% |
| 70s | 9% |
| 80+ | 5.5% |
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 Elbridge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Elbridge.
How do you know that living in -- or moving to -- Elbridge is right where you need to be? Perhaps you grew up in Elbridge or already live nearby; therefore, the decision to buy a home in Elbridge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Elbridge 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 Elbridge:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Elbridge.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Elbridge can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Elbridge, meanwhile, can field multiple offers from more qualified buyers.
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