Rent To Own Homes in Scio, NY

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View this home at Vandermark Rd Scio NY 14880
Foreclosure NEW
$34,900 List Price

3 Bed | 1 Bath

16 View this home at County Road 9 Scio NY 14880
$84,907 EMV

4 Bed | 1.5 Bath | 1,152 Sq. Ft.

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Home Value Estimator For Scio, NY

There are currently 583 real estate properties in Scio, NY, with a median automated valuation model (AVM) price of $108,403.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Scio, 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 Scio, NY, is $117,113.00, with the most expensive house in Scio, NY, topping out at $589,200.00 and the cheapest home in Scio, NY, clocking in at $12,854.00. In other words, there’s something for every potential homebuyer or savvy investor in Scio, NY!

Rent Prices In Scio, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Scio, NY, is on a rollercoaster ride. The average rent price in Scio, NY, is $977.00. Indeed, when looking to rent in Scio, NY, you can expect to pay as little as $680.00 or as much as $1,290.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Scio, 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 Scio, NY In 2024

Scio is located in Allegany, New York, with an estimated municipal population of 1,591 residents. All of the best foreclosed homes for sale in Scio are located in the following zip code areas on 14880 14895. The estimated population per square kilometer (.62 miles) in Scio is 17.

Cost Of Living In Scio, NY

So, about how much do homes cost in Scio? The most recent median value of resident-owned homes in Scio is 67,877. An estimated 80.4 percent of households in Scio own their homes, with an average family size of 2.72. The median household income in Scio is 44,702, with12.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Scio, the median commute time of resident workers (in minutes) is 19.4. And last, but certainly not least, are you looking for homes to rent in Scio? If so, the average rent price paid by renters in Scio is 686, according to recent statistics.

Diversity And Demographics In Scio, 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 Scio, 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 Scio is 48.7, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in Scio is 57, with an average family size of 2.72.

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

White 96.2%
Black / African American 0.2%
Asian 1.3%
American Indian / Alaskan Native 0.6%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 0.2%

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

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

Under 10 7.2%
Aged 10-19 9.6%
20s 12.9%
30s 13%
40s 8%
50s 17.6%
60s 19.1%
70s 9.2%
80+ 3.4%

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

Pros And Cons Of Living In Scio, New York

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

  • 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 Scio.

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

Scio, NY Rent To Own Homes


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