Foreclosure Homes in Ransomville, NY

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Ransomville, NY Foreclosures

How much do homes sell for in Ransomville, NY?
The average home price is currently $260,068.
In Ransomville, NY, how many homes are available?
There are currently 1,806 active home listings available in Ransomville.
What’s the average rental cost in Ransomville, NY?
The average rental price in Ransomville is $1,274.
What is the most expensive home in Ransomville, New York?
The most expensive home sold in Ransomville had a price of $2,361,430.
What is currently the cheapest priced home in Ransomville, NY?
The cheapest home for sale in Ransomville is priced at $36,511.

Home Value Estimator For Ransomville, NY

There are currently 1,806 real estate properties in Ransomville, NY, with a median automated valuation model (AVM) price of $231,802.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ransomville, 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 Ransomville, NY, is $260,068.00, with the most expensive house in Ransomville, NY, topping out at $2,361,430.00 and the cheapest home in Ransomville, NY, clocking in at $36,511.00. In other words, there’s something for every potential homebuyer or savvy investor in Ransomville, NY!

Rent Prices In Ransomville, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ransomville, NY, is on a rollercoaster ride. The average rent price in Ransomville, NY, is $1,274.00. Indeed, when looking to rent in Ransomville, NY, you can expect to pay as little as $570.00 or as much as $2,500.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Ransomville, 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.

Top Reasons To Live In Ransomville, NY In 2024

Ransomville is located in Niagara, New York, with an estimated municipal population of 1,553 residents. All of the best foreclosed homes for sale in Ransomville are located in the following zip code areas on 14131. The estimated population per square kilometer (.62 miles) in Ransomville is 96.

Cost Of Living In Ransomville, NY

So, about how much do homes cost in Ransomville? The most recent median value of resident-owned homes in Ransomville is 147,437. An estimated 79.2 percent of households in Ransomville own their homes, with an average family size of 3.05. The median household income in Ransomville is 79,659, with40.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ransomville, the median commute time of resident workers (in minutes) is 28.3. And last, but certainly not least, are you looking for homes to rent in Ransomville? If so, the average rent price paid by renters in Ransomville is 1,049, according to recent statistics.

Diversity And Demographics In Ransomville, 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 Ransomville, 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 Ransomville is 40.5, split between 52.5 percent male versus 47.5 female. The percentage of residents who report being married in Ransomville is 54.6, with an average family size of 3.05.

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

White 96.8%
Black / African American 1.3%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.9%
Other 0%

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

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

Under 10 11.4%
Aged 10-19 14.1%
20s 13.6%
30s 10.3%
40s 10.9%
50s 17.1%
60s 15.3%
70s 5.7%
80+ 1.6%

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

Pros And Cons Of Living In Ransomville, New York

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

  • 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 Ransomville.

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

Ransomville, NY Foreclosures


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