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Foreclosures in Bellmore, NY

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Living in Bellmore, NY

Bellmore, NY, is a vibrant suburban community known for its family-friendly environment and easy access to New York City. The area boasts excellent schools, recreational parks, and a variety of dining options. With its blend of suburban charm and urban accessibility, Bellmore is an appealing location for real estate investment.

Current Market Conditions in Bellmore, NY

The real estate market in Bellmore has shown steady growth in recent years, with home values appreciating due to demand for quality housing in a desirable location. Currently, buyers are entering the market with a keen interest in single-family homes, contributing to a competitive landscape.

As of 2023, the inventory levels remain low, pushing prices upward, which is excellent news for investors looking to capitalize on property appreciation in a thriving suburban market.

Home Value Estimator For Bellmore, NY

There are currently 5,397 real estate properties in Bellmore, NY, with a median automated valuation model (AVM) price of $725,592.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bellmore, 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 Bellmore, NY, is $776,605.00, with the most expensive house in Bellmore, NY, topping out at $5,441,000.00 and the cheapest home in Bellmore, NY, clocking in at $14,898.00. In other words, there’s something for every potential homebuyer or savvy investor in Bellmore, NY!

Rent Prices In Bellmore, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bellmore, NY, is on a rollercoaster ride. The average rent price in Bellmore, NY, is $2,924.00. Indeed, when looking to rent in Bellmore, NY, you can expect to pay as little as $1,010.00 or as much as $6,500.00, with the average rent median estimated to be $2,820.00. The good news is that finding an affordable and desirable property to rent in Bellmore, 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.

Bellmore, NY Foreclosures

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