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Short Sale Listings in Freeport, NY 11520

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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.

Freeport, NY 11520 Short Sale Listings

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