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Rent To Own Homes in Farmingdale, NY

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Farmingdale, NY Foreclosures

How much do homes sell for in Farmingdale, NY?
The average home price is currently $724,578.
In Farmingdale, NY, how many homes are available?
There are currently 29 active home listings available in Farmingdale.
What’s the average rental cost in Farmingdale, NY?
The average rental price in Farmingdale is $2,496.
What is the most expensive home in Farmingdale?
The most expensive home sold in Farmingdale had a price of $24,386,608.
What is currently the cheapest priced home in Farmingdale, NY?
The cheapest home for sale in Farmingdale is priced at $12,837.

Living in Farmingdale, NY

Farmingdale, NY, is a vibrant village that combines a charming suburban lifestyle with convenient access to metropolitan amenities. Families appreciate the strong educational institutions, while outdoor enthusiasts enjoy ample recreational opportunities. With a welcoming community and a variety of local businesses, Farmingdale is an ideal place to call home.

Current Market Conditions in Farmingdale, NY

The real estate market in Farmingdale is currently experiencing a positive trend, with demand for homes on the rise. As more people seek to relocate to Long Island for both its space and quality of life, the community has seen increased interest from buyers. The blend of affordability compared to nearby towns and an appealing lifestyle contributes to this growing trend.

Recent data indicates a competitive market, with homes selling quickly and some above asking price. The supply of available homes remains relatively low, which has driven prices upward, creating opportunities for both buyers and sellers.

Home Value Estimator For Farmingdale, NY

There are currently 9,315 real estate properties in Farmingdale, NY, with a median automated valuation model (AVM) price of $683,653.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Farmingdale, 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 Farmingdale, NY, is $724,578.00, with the most expensive house in Farmingdale, NY, topping out at $24,386,608.00 and the cheapest home in Farmingdale, NY, clocking in at $12,837.00. In other words, there’s something for every potential homebuyer or savvy investor in Farmingdale, NY!

Rent Prices In Farmingdale, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farmingdale, NY, is on a rollercoaster ride. The average rent price in Farmingdale, NY, is $2,496.00. Indeed, when looking to rent in Farmingdale, NY, you can expect to pay as little as $1,450.00 or as much as $5,060.00, with the average rent median estimated to be $2,490.00. The good news is that finding an affordable and desirable property to rent in Farmingdale, 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.

Farmingdale, NY Rent To Own Homes

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