Floral Park, NY Foreclosures
How much do homes sell for in Floral Park, NY?
The average home price is currently $727,693.
In Floral Park, NY, how many homes are available?
There are currently 39 active home listings available in Floral Park.
What’s the average rental cost in Floral Park, NY?
The average rental price in Floral Park is $2,655.
What is the most expensive home in Floral Park?
The most expensive home sold in Floral Park had a price of $10,048,817.
What is currently the cheapest priced home in Floral Park, NY?
The cheapest home for sale in Floral Park is priced at $23,426.
Living in Floral Park, NY
Floral Park, NY, is a charming suburban village known for its rich history, strong community spirit, and excellent schools. Situated near the bustling city life of New York City, it offers residents a peaceful retreat with a variety of local amenities, parks, and recreational opportunities. With convenient transportation options and a strong sense of community, Floral Park is a desirable location for families and individuals alike.
Current Market Conditions in Floral Park, NY
The real estate market in Floral Park is characterized by a strong demand for family homes, driven primarily by the area's desirable school system and suburban charm. In recent months, homes have been moving quickly, with many listings receiving multiple offers, which reflects a competitive atmosphere. This demand has driven prices upward, as buyers are keen to secure properties within the popular neighborhood.
Due to the proximity to New York City, Floral Park has also attracted interest from investors seeking rental properties, further buoying the market. As a result, the area has seen an increase in new developments and renovations, enhancing the overall appeal and value of the community.
Home Value Estimator For Floral Park, NY
There are currently 10,151 real estate properties
in Floral Park, NY,
with a median automated valuation model (AVM) price
of $761,267.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Floral Park, 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 Floral Park, NY,
is $727,693.00, with the most expensive house
in Floral Park, NY, topping out
at $10,048,817.00 and the cheapest home
in Floral Park, NY,
clocking in at $23,426.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Floral Park, NY!
Rent Prices
In Floral Park, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Floral Park, NY, is on
a rollercoaster ride. The
average rent price in Floral Park, NY,
is $2,655.00. Indeed, when looking to rent in
Floral Park, NY, you can expect to pay as little
as $1,190.00 or as much
as $4,220.00,
with the average rent median estimated to
be $2,500.00. The good news is that finding
an affordable and desirable property to rent in Floral Park, 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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