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Bankruptcy Homes in Potsdam, NY

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State-highway-56-Potsdam-NY-13676
Bankruptcy
$90,610 EMV

State Highway 56
Potsdam, NY 13676

3 Bed | 1 Bath | 1,440 Sq. Ft.

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Home Value Estimator For Potsdam, NY

There are currently 3,280 real estate properties in Potsdam, NY, with a median automated valuation model (AVM) price of $122,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Potsdam, 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 Potsdam, NY, is $139,075.00, with the most expensive house in Potsdam, NY, topping out at $2,938,000.00 and the cheapest home in Potsdam, NY, clocking in at $37,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Potsdam, NY!


Rent Prices In Potsdam, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Potsdam, NY, is on a rollercoaster ride. The average rent price in Potsdam, NY, is $1,239.00. Indeed, when looking to rent in Potsdam, NY, you can expect to pay as little as $790.00 or as much as $2,440.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Potsdam, 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 Potsdam, NY

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


Top Reasons To Live In Potsdam, NY In 2021

Potsdam is located in St. Lawrence, New York, with an estimated municipal population of 15,567 residents. All of the best foreclosed homes for sale in Potsdam are located in the following zip code areas on Foreclosure.com: 13676 13668 13617 13699. The estimated population per square kilometer (.62 miles) in Potsdam is 59.


Cost Of Living In Potsdam, NY

So, about how much do homes cost in Potsdam? The most recent median value of resident-owned homes in Potsdam is 106,258. An estimated 63.6 percent of households in Potsdam own their homes, with an average family size of 2.83. The median household income in Potsdam is 53,977, with21.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Potsdam, the median commute time of resident workers (in minutes) is 16.1. And last, but certainly not least, are you looking for homes to rent in Potsdam? If so, the average rent price paid by renters in Potsdam is 799, according to recent statistics.


Diversity And Demographics In Potsdam, 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 Potsdam, 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 Potsdam is 24.7, split between 51.4 percent male versus 48.6 female. The percentage of residents who report being married in Potsdam is 31.1, with an average family size of 2.83.

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

White 88%
Black / African American 4.3%
Asian 2.7%
American Indian / Alaskan Native 0.6%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.4%
Other 2%

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

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

Under 10 6.3%
Aged 10-19 25.6%
20s 25.9%
30s 8%
40s 7.2%
50s 10.1%
60s 9.1%
70s 4.7%
80+ 3.3%

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


Pros And Cons Of Living In Potsdam, New York

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

  • 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 Potsdam.


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

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