Freeport, NY Foreclosures
How much do homes sell for in Freeport, NY?
The average home price is currently $630,138.
In Freeport, NY, how many homes are available?
There are currently 139 active home listings available in Freeport.
What’s the average rental cost in Freeport, NY?
The average rental price in Freeport is $2,536.
What is the most expensive home in Freeport?
The most expensive home sold in Freeport had a price of $8,051,182.
What is currently the cheapest priced home in Freeport, NY?
The cheapest home for sale in Freeport is priced at $16,311.
Living in Freeport, NY
Freeport, NY, is a vibrant coastal town on Long Island's south shore, known for its nautical charm, diverse dining options, and excellent transportation links. The community boasts amenities like recreational parks, quality schools, and a variety of outdoor activities, making it a desirable place for families and individuals. With its balance of suburban and urban lifestyles, Freeport is a growing area for real estate investment.
Current Market Conditions in Freeport, NY
The real estate market in Freeport has shown consistent growth in recent years, with demand remaining strong for both single-family homes and apartments. The area's appeal, combined with its proximity to New York City, has attracted a variety of buyers, from families to young professionals, contributing to higher property values.
Current trends indicate an increase in renovation and redevelopment projects, which are enhancing the overall aesthetics and value of the community. Investors are taking notice of Freeport's potential, as property prices are still comparatively lower than some neighboring areas, creating opportunities for profitable investments.
Home Value Estimator For Freeport, NY
There are currently 9,545 real estate properties
in Freeport, NY,
with a median automated valuation model (AVM) price
of $613,859.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Freeport, 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 Freeport, NY,
is $630,138.00, with the most expensive house
in Freeport, NY, topping out
at $8,051,182.00 and the cheapest home
in Freeport, NY,
clocking in at $16,311.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Freeport, NY!
Rent Prices
In Freeport, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Freeport, NY, is on
a rollercoaster ride. The
average rent price in Freeport, NY,
is $2,536.00. Indeed, when looking to rent in
Freeport, NY, you can expect to pay as little
as $1,190.00 or as much
as $5,000.00,
with the average rent median estimated to
be $2,550.00. The good news is that finding
an affordable and desirable property to rent in Freeport, 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.