There are currently 126,320 real estate properties in Staten Island, NY, with a median automated valuation model (AVM) price of $694,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Staten Island, 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 Staten Island, NY, is $735,833.00, with the most expensive house in Staten Island, NY, topping out at $16,329,600.00 and the cheapest home in Staten Island, NY, clocking in at $12,434.00. In other words, there’s something for every potential homebuyer or savvy investor in Staten Island, NY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Staten Island, NY, is on a rollercoaster ride. The average rent price in Staten Island, NY, is $2,158.00. Indeed, when looking to rent in Staten Island, NY, you can expect to pay as little as $980.00 or as much as $4,500.00, with the average rent median estimated to be $2,140.00. The good news is that finding an affordable and desirable property to rent in Staten Island, 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.
Staten Island is located in Richmond, New York, with an estimated municipal population of 476,143 residents. All of the best foreclosed homes for sale in Staten Island are located in the following zip code areas on Foreclosure.com: 10302 10303 10310 10306 10307 10308 10309 10312 10301 10304 10305 10314. The estimated population per square kilometer (.62 miles) in Staten Island is 3,156.
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 Staten Island, 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 Staten Island? Or maybe you are searching for 55+ active adult communities in and/or near Staten Island?
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 Staten Island with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Staten Island.
How do you know that living in -- or moving to -- Staten Island is right where you need to be? Perhaps you grew up in Staten Island or already live nearby; therefore, the decision to buy a home in Staten Island is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Staten Island 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 Staten Island:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Staten Island.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Staten Island can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Staten Island, meanwhile, can field multiple offers from more qualified buyers.
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