There are currently 746 real estate properties in Rotterdam, NY, with a median automated valuation model (AVM) price of $243,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rotterdam, 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 Rotterdam, NY, is $271,822.00, with the most expensive house in Rotterdam, NY, topping out at $1,882,700.00 and the cheapest home in Rotterdam, NY, clocking in at $88,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Rotterdam, NY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rotterdam, NY, is on a rollercoaster ride. The average rent price in Rotterdam, NY, is $1,489.00. Indeed, when looking to rent in Rotterdam, NY, you can expect to pay as little as $780.00 or as much as $2,030.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Rotterdam, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Rotterdam, NY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Rotterdam, NY and much more. Save thousands at closing with home foreclosure listings in Rotterdam, NY — up to 75% off market value!
Rotterdam is located in Schenectady, New York, with an estimated municipal population of 29,593 residents. All of the best foreclosed homes for sale in Rotterdam are located in the following zip code areas on Foreclosure.com: 12150 12137 12306 12303. The estimated population per square kilometer (.62 miles) in Rotterdam is 320.
So, about how much do homes cost in Rotterdam? The most recent median value of resident-owned homes in Rotterdam is 169,797. An estimated 77 percent of households in Rotterdam own their homes, with an average family size of 3.55. The median household income in Rotterdam is 71,835, with29.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Rotterdam, the median commute time of resident workers (in minutes) is 23.9. And last, but certainly not least, are you looking for homes to rent in Rotterdam? If so, the average rent price paid by renters in Rotterdam is 983, 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 Rotterdam, 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 Rotterdam is 42.4, split between 48.8 percent male versus 51.2 female. The percentage of residents who report being married in Rotterdam is 44.7, with an average family size of 3.55.
The percentage of residents who report their race in Rotterdam is as follows:
| White | 89.3% |
| Black / African American | 4.7% |
| Asian | 1.5% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 3.5% |
| Other | 1% |
Looking for family-friendly neighborhoods in and/or near Rotterdam? Or maybe you are searching for 55+ active adult communities in and/or near Rotterdam?
The percentage of residents who report their age in Rotterdam is as follows:
| Under 10 | 11.7% |
| Aged 10-19 | 11.8% |
| 20s | 11.4% |
| 30s | 12.6% |
| 40s | 12.3% |
| 50s | 14.9% |
| 60s | 13.1% |
| 70s | 7.3% |
| 80+ | 4.8% |
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 Rotterdam with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Rotterdam.
How do you know that living in -- or moving to -- Rotterdam is right where you need to be? Perhaps you grew up in Rotterdam or already live nearby; therefore, the decision to buy a home in Rotterdam is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Rotterdam 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 Rotterdam:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Rotterdam.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Rotterdam can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Rotterdam, meanwhile, can field multiple offers from more qualified buyers.
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