Baiting Hollow, NY Foreclosures
How much do homes sell for in Baiting Hollow, NY?
The average home price is currently $711,279.
What’s the average rental cost in Baiting Hollow, NY?
The average rental price in Baiting Hollow is $2,591.
What is the most expensive home in Baiting Hollow?
The most expensive home sold in Baiting Hollow had a price of $13,425,042.
What is currently the cheapest priced home in Baiting Hollow, NY?
The cheapest home for sale in Baiting Hollow is priced at $98,315.
Living in Baiting Hollow, NY
Baiting Hollow, NY, is a charming hamlet on the North Fork of Long Island, known for its lovely vineyards and outdoor activities. With a peaceful environment and a strong community feel, it provides the perfect escape for nature lovers and those seeking a slower pace of life. The local amenities, coupled with close proximity to beautiful beaches, make it an attractive location for residents.
Current Market Conditions in Baiting Hollow, NY
The real estate market in Baiting Hollow has shown steady growth over the past year, driven by an influx of buyers seeking serene, rural living coupled with recreational opportunities. Home values have risen as demand continues to outpace supply, particularly for properties near the waterfront and vineyards.
There has been a noticeable increase in interest among families and retirees looking for vacation homes or permanent residences, contributing to a competitive housing market.
Overall, the current trend indicates a sustained interest in purchasing homes, with many listings receiving multiple offers.
Home Value Estimator For Baiting Hollow, NY
There are currently 170 real estate properties
in Baiting Hollow, NY,
with a median automated valuation model (AVM) price
of $517,545.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Baiting Hollow, 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 Baiting Hollow, NY,
is $711,279.00, with the most expensive house
in Baiting Hollow, NY, topping out
at $13,425,042.00 and the cheapest home
in Baiting Hollow, NY,
clocking in at $98,315.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Baiting Hollow, NY!
Rent Prices
In Baiting Hollow, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Baiting Hollow, NY, is on
a rollercoaster ride. The
average rent price in Baiting Hollow, NY,
is $2,591.00. Indeed, when looking to rent in
Baiting Hollow, NY, you can expect to pay as little
as $1,820.00 or as much
as $4,020.00,
with the average rent median estimated to
be $2,370.00. The good news is that finding
an affordable and desirable property to rent in Baiting Hollow, 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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