Babylon, NY Foreclosures
How much do homes sell for in Babylon, NY?
The average home price is currently $714,589.
In Babylon, NY, how many homes are available?
There are currently 35 active home listings available in Babylon.
What’s the average rental cost in Babylon, NY?
The average rental price in Babylon is $2,702.
What is the most expensive home in Babylon?
The most expensive home sold in Babylon had a price of $5,553,660.
What is currently the cheapest priced home in Babylon, NY?
The cheapest home for sale in Babylon is priced at $19,689.
Living in Babylon, NY
Babylon, NY is a delightful suburban town located on Long Island's South Shore, known for its vibrant community and excellent schools. With a mix of historical charm and modern amenities, families can enjoy a variety of activities and conveniences right at their doorstep.
Current Market Conditions in Babylon, NY
The current real estate market in Babylon, NY shows a significant increase in demand, with many homes receiving multiple offers within days of listing. The market is competitive, driven by families seeking the area's excellent schools and community amenities. As a result, home prices have steadily risen, presenting opportunities for sellers to capitalize on their investments.
In recent months, the market has experienced an uptick in inventory, allowing buyers a broader selection of homes. However, the demand remains strong, leading to quicker sales and continued price appreciation in desirable neighborhoods.
Home Value Estimator For Babylon, NY
There are currently 5,313 real estate properties
in Babylon, NY,
with a median automated valuation model (AVM) price
of $647,149.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Babylon, 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 Babylon, NY,
is $714,589.00, with the most expensive house
in Babylon, NY, topping out
at $5,553,660.00 and the cheapest home
in Babylon, NY,
clocking in at $19,689.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Babylon, NY!
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.
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