Condo Foreclosures in Babylon, NY 11702

Current Market Conditions in Babylon, NY

The real estate market in Babylon is currently competitive, with a steady demand for single-family homes. Buyers are drawn to the town for its excellent school districts and quality of life, which is resulting in homes selling relatively quickly.

There has been an increase in median home prices over the past several years, reflecting the desirability of Babylon as a place to live. This trend is expected to continue as more people seek suburban living with close proximity to New York City.

Rent Prices In Babylon, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Babylon, NY, is on a rollercoaster ride. The average rent price in Babylon, NY, is $2,702.00. Indeed, when looking to rent in Babylon, NY, you can expect to pay as little as $1,380.00 or as much as $5,740.00, with the average rent median estimated to be $2,610.00. The good news is that finding an affordable and desirable property to rent in Babylon, 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.