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Foreclosures in Gowanda, NY

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5 Bagdad-rd-Gowanda-NY-14070
Foreclosure
$24,900 List Price

Bagdad Rd
Gowanda, NY 14070

3 Bed | 1 Bath | 1,216 Sq. Ft.

1 Bagdad-rd-Gowanda-NY-14070
Foreclosure
$24,900 List Price

Bagdad Rd
Gowanda, NY 14070

3 Bed | 1 Bath | 1,216 Sq. Ft.

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Home Value Estimator For Gowanda, NY

There are currently 852 real estate properties in Gowanda, NY, with a median automated valuation model (AVM) price of $111,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gowanda, 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 Gowanda, NY, is $125,801.00, with the most expensive house in Gowanda, NY, topping out at $495,800.00 and the cheapest home in Gowanda, NY, clocking in at $32,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Gowanda, NY!


Rent Prices In Gowanda, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gowanda, NY, is on a rollercoaster ride. The average rent price in Gowanda, NY, is $1,143.00. Indeed, when looking to rent in Gowanda, NY, you can expect to pay as little as $540.00 or as much as $2,200.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Gowanda, 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.


Foreclosure Homes in Gowanda, NY

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Gowanda, NY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Gowanda, NY and much more. Save thousands at closing with home foreclosure listings in Gowanda, NY — up to 75% off market value!


Top Reasons To Live In Gowanda, NY In 2021

Gowanda is located in Cattaraugus, New York, with an estimated municipal population of 2,547 residents. All of the best foreclosed homes for sale in Gowanda are located in the following zip code areas on Foreclosure.com: 14070. The estimated population per square kilometer (.62 miles) in Gowanda is 617.


Cost Of Living In Gowanda, NY

So, about how much do homes cost in Gowanda? The most recent median value of resident-owned homes in Gowanda is 79,861. An estimated 57.9 percent of households in Gowanda own their homes, with an average family size of 2.89. The median household income in Gowanda is 40,109, with14.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gowanda, the median commute time of resident workers (in minutes) is 32.2. And last, but certainly not least, are you looking for homes to rent in Gowanda? If so, the average rent price paid by renters in Gowanda is 651, according to recent statistics.


Diversity And Demographics In Gowanda, 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 Gowanda, 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 Gowanda is 40.1, split between 51.3 percent male versus 48.7 female. The percentage of residents who report being married in Gowanda is 37.7, with an average family size of 2.89.

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

White 90.1%
Black / African American 1.4%
Asian 0.1%
American Indian / Alaskan Native 4.1%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 3.8%
Other 0.5%

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

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

Under 10 13.8%
Aged 10-19 9.8%
20s 12.9%
30s 13.2%
40s 12.6%
50s 11.5%
60s 13.4%
70s 7.6%
80+ 5.1%

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


Pros And Cons Of Living In Gowanda, New York

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

  • 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 Gowanda.


Reasons To Move To Gowanda, New York, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Gowanda can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Gowanda, meanwhile, can field multiple offers from more qualified buyers.

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