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Ravena, NY Properties

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Find, analyze, and compare Ravena, NY investment properties, including off-market opportunities and residential homes with value-add potential. Ravena offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout New York. Explore housing market trends in Ravena, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Ravena, NY for your real estate goals.

In Ravena, the median property value currently stands at $205,435, reflecting a -0.35% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $222,842 (a 0% gain). The housing market includes a total of 1,004 houses.The median home in Ravena has 1,614 square feet of living space, priced at a median of $133 per square foot with a median year built of 1952. For long-term rental properties in Ravena, the median annual gross rental income is $34,200 (or $2,850/month) with estimated operating expenses of $9,704, resulting in an approximate gross cap rate of 11.78%.

Property Intel by Whitepages helps investors and homeowners explore the Ravena area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Ravena, NY.

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Housing Market Trends & Statistics for Ravena, New York

Median Property Value
$205,435
Total number of Properties
1,004
Median Living Space
1,614 sq ft
Median Year Built
1952 (73 years)
5-Year Appreciation Forecast
$222,842
Median Lot Size
12,197 sq ft
Average Ownership
1 year
for Ravena, NY
  • Est. Rental Income
    $34,200 ($2,850 per month)
  • Net Operating Income
    $24,497 ($2,041 per month)
  • Cap Rate
    11.78%

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