Mechanicville First-Time Homebuyer Report for October

The population of Mechanicville is growing faster than the rest of New York, at a 10-year growth rate of 1.4%. It's a larger than average city compared to the rest of the state, with 5,196 residents. With a median age of 79 years, homes in Mechanicville tend to be older than most. Leading the list of best schools in the city are Corinth Elementary School, Corinth Middle School, and Corinth High School.

Price Range

The median value of homes in Mechanicville is $139,200, making the area almost identical to others in New York. At the same time, the average list price of available homes is presently $150,179. The Mechanicville market is currently in the middle of an extended upward sales trend, extended as sales rose to five homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Mechanicville:

$103K   $212K   $165K  

Typical Dwelling

The typical dwelling in Mechanicville is a three-bedroom detached home worth about $168,335. To purchase a similar home, a buyer with good credit and a $33,667 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,031 monthly payment. The property tax rate is $20.58 per $1,000 of taxable assessed value.

Get started right now by checking out Mechanicville homes for sale or reviewing Mechanicville real estate trends.


Data reported through 10/13/2016

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