Foreclosure Homes in South Salem, NY

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South Salem, NY Foreclosures

How much do homes sell for in South Salem, NY?
The average home price is currently $799,860.
In South Salem, NY, how many homes are available?
There are currently 2,587 active home listings available in South Salem.
What’s the average rental cost in South Salem, NY?
The average rental price in South Salem is $3,255.
What is the most expensive home in South Salem, New York?
The most expensive home sold in South Salem had a price of $9,309,780.
What is currently the cheapest priced home in South Salem, NY?
The cheapest home for sale in South Salem is priced at $94,194.

Home Value Estimator For South Salem, NY

There are currently 2,587 real estate properties in South Salem, NY, with a median automated valuation model (AVM) price of $746,922.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in South Salem, 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 South Salem, NY, is $799,860.00, with the most expensive house in South Salem, NY, topping out at $9,309,780.00 and the cheapest home in South Salem, NY, clocking in at $94,194.00. In other words, there’s something for every potential homebuyer or savvy investor in South Salem, NY!

Rent Prices In South Salem, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in South Salem, NY, is on a rollercoaster ride. The average rent price in South Salem, NY, is $3,255.00. Indeed, when looking to rent in South Salem, NY, you can expect to pay as little as $1,620.00 or as much as $7,450.00, with the average rent median estimated to be $3,160.00. The good news is that finding an affordable and desirable property to rent in South Salem, 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 South Salem, NY In 2024

All of the best foreclosed homes for sale in South Salem are located in the following zip code areas on 10590. The estimated population per square kilometer (.62 miles) in South Salem is 197.1.

Diversity And Demographics In South Salem, 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 South Salem, 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.

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

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

Pros And Cons Of Living In South Salem, New York

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

  • 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 South Salem.

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

South Salem, NY Foreclosures


Listing types in South Salem, NY

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