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Foreclosure Homes in Lake Grove, NY

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Lake Grove, NY Foreclosures

Current Market Conditions in in Lake Grove, NY As of February 2026?
Over the past month, the Lake Grove real estate market has seen a slight uptick in home prices, driven by continued interest in suburban living post-pandemic. More buyers are looking to settle in areas like Lake Grove due to its family-oriented community and access to nature. The inventory remains low, but new listings have started to emerge, giving potential buyers a bit more choice, though the market still favors sellers due to the demand.
How much do homes sell for in Lake Grove, NY?
The average home price is currently $712,512.
In Lake Grove, NY, how many homes are available?
There are currently 31 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 $13,127,489.
What is currently the cheapest priced home in Lake Grove, NY?
The cheapest home for sale in Lake Grove is priced at $11,429.

Living in Lake Grove, NY

Lake Grove, NY is a charming suburban community in Suffolk County known for its family-friendly environment and abundant amenities. With a variety of parks, excellent schools, and convenient transportation options, Lake Grove offers a quality lifestyle for its residents. The community thrives on its recreational activities and local events, making it a great place to live and grow.

Buyer vs Seller Market in Lake Grove, NY

The real estate market in Lake Grove has shown consistent growth over the past few years. The demand for homes has increased, particularly among families looking for spacious properties in safe neighborhoods.

Current home prices in the Lake Grove area reflect a balanced market, though buyers may experience competition for desirable listings. The market is a mix of older homes and newer constructions, catering to various preferences and budgets.

Home Value Estimator For Lake Grove, NY

There are currently 3,969 real estate properties in Lake Grove, NY, with a median automated valuation model (AVM) price of $688,738.00. 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 $712,512.00, with the most expensive house in Lake Grove, NY, topping out at $13,127,489.00 and the cheapest home in Lake Grove, NY, clocking in at $11,429.00. 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: 31

Market Values:

Home Prices from $11,429 to $13,127,489

Average Sales Price: $712,512

Rental Values:

Rental from $1,460 to $5,500

Average Rent Value: $2,685 / month

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