Living in Commack, NY
Commack is a suburban community located in Suffolk County, Long Island, New York. Known for its excellent schools and family-friendly atmosphere, this town offers a mix of residential neighborhoods, shopping areas, and access to parks. With easy access to the Long Island Expressway, commuting is convenient for both those who work in the city and those who prefer the tranquility of suburban life.
Current Market Conditions in Commack, NY
The real estate market in Commack remains strong, with a steady demand for homes in this desirable suburb. The average home price has seen a slight increase over the past year, driven by the area's reputation for excellent schools and community amenities. Many families are drawn to the area, leading to a competitive market for single-family homes, particularly those priced under $600,000, which are attracting multiple offers.
As of late 2023, the housing market has been characterized by a limited inventory, contributing to an upward trend in pricing. Homes that are updated and in good condition tend to sell quickly, often receiving multiple offers. The attractiveness of Commack's neighborhoods and the overall quality of life in the town continue to bolster property values, making it a favorable market for sellers.
Home Value Estimator For Commack, NY
There are currently 9,291 real estate properties
in Commack, NY,
with a median automated valuation model (AVM) price
of $742,091.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Commack, 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 Commack, NY,
is $789,148.00, with the most expensive house
in Commack, NY, topping out
at $9,247,993.00 and the cheapest home
in Commack, NY,
clocking in at $15,886.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Commack, NY!
Rent Prices
In Commack, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Commack, NY, is on
a rollercoaster ride. The
average rent price in Commack, NY,
is $3,102.00. Indeed, when looking to rent in
Commack, NY, you can expect to pay as little
as $1,800.00 or as much
as $5,000.00,
with the average rent median estimated to
be $3,020.00. The good news is that finding
an affordable and desirable property to rent in Commack, 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.
Learn more on Foreclosure homes
