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Foreclosure Homes in Lake Grove, NY

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Lake Grove, NY Foreclosures

How much do homes sell for in Lake Grove, NY?
The average home price is currently $711,433.
In Lake Grove, NY, how many homes are available?
There are currently 35 active home listings available in Lake Grove.
What’s the average rental cost in Lake Grove, NY?
The average rental price in Lake Grove is $2,685.
What is the most expensive home in Lake Grove?
The most expensive home sold in Lake Grove had a price of $14,015,908.
What is currently the cheapest priced home in Lake Grove, NY?
The cheapest home for sale in Lake Grove is priced at $11,308.

Living in Lake Grove, NY

Lake Grove, NY, is a quaint suburban village located in Suffolk County, offering a family-friendly environment and a variety of local amenities. Residents enjoy access to parks, shopping centers, and excellent schools. The community is well-connected to surrounding areas, making it an ideal spot for those looking for a balance between suburban charm and urban convenience.

Current Market Conditions in Lake Grove, NY

The current real estate market in Lake Grove shows a steady demand for homes, with many buyers attracted to the area's desirable schools and amenities. Home values have seen a moderate increase as the village continues to develop, making it a competitive but accessible market for new buyers.

As of the last quarter, listings in Lake Grove are experiencing higher-than-average sale prices, driven by limited inventory and strong buyer interest. Homes are typically selling within a few weeks of listing, indicating a healthy and active real estate environment.

Home Value Estimator For Lake Grove, NY

There are currently 3,954 real estate properties in Lake Grove, NY, with a median automated valuation model (AVM) price of $690,344.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Grove, 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 Lake Grove, NY, is $711,433.00, with the most expensive house in Lake Grove, NY, topping out at $14,015,908.00 and the cheapest home in Lake Grove, NY, clocking in at $11,308.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Grove, NY!

Rent Prices In Lake Grove, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Grove, NY, is on a rollercoaster ride. The average rent price in Lake Grove, NY, is $2,685.00. Indeed, when looking to rent in Lake Grove, NY, you can expect to pay as little as $1,460.00 or as much as $5,500.00, with the average rent median estimated to be $2,740.00. The good news is that finding an affordable and desirable property to rent in Lake Grove, 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.

Lake Grove, NY Foreclosures

Market Trend for Lake Grove, NY

Total Listings Available: 35

Market Values:

Home Prices from $11,308 to $14,015,908

Average Sales Price: $711,433

Rental Values:

Rental from $1,460 to $5,500

Average Rent Value: $2,685 / month

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