Laurel, NY Foreclosures
How much do homes sell for in Laurel, NY?
The average home price is currently $952,499.
In Laurel, NY, how many homes are available?
There are currently 3,371 active home listings available in Laurel.
What’s the average rental cost in Laurel, NY?
The average rental price in Laurel is $2,812.
What is the most expensive home in Laurel?
The most expensive home sold in Laurel had a price of $4,500,000.
What is currently the cheapest priced home in Laurel, NY?
The cheapest home for sale in Laurel is priced at $13,921.
Living in Laurel, NY
Laurel, NY, is a serene hamlet in Suffolk County known for its stunning natural beauty and outdoor lifestyle opportunities. With access to beautiful beaches and local vineyards, it offers a relaxed atmosphere close to nature. The community boasts a welcoming environment with simple local amenities, making it ideal for those looking to escape the hustle and bustle of city life.
Current Market Conditions in Laurel, NY
The real estate market in Laurel, NY, has shown steady appreciation over the past year, indicative of its growing popularity as a residential choice for families and retirees. Homes are selling swiftly, especially those with proximity to the water and local attractions, often receiving multiple offers.
Developers are increasingly interested in Laurel, contributing to a slight increase in new constructions to meet the demand for housing in this attractive region. Buyers should be aware of the competitive nature of the market, particularly during peak seasons.
Home Value Estimator For Laurel, NY
There are currently 850 real estate properties
in Laurel, NY,
with a median automated valuation model (AVM) price
of $854,245.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Laurel, 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 Laurel, NY,
is $952,499.00, with the most expensive house
in Laurel, NY, topping out
at $4,500,000.00 and the cheapest home
in Laurel, NY,
clocking in at $13,921.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Laurel, NY!
Rent Prices
In Laurel, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Laurel, NY, is on
a rollercoaster ride. The
average rent price in Laurel, NY,
is $2,812.00. Indeed, when looking to rent in
Laurel, NY, you can expect to pay as little
as $1,700.00 or as much
as $7,020.00,
with the average rent median estimated to
be $2,780.00. The good news is that finding
an affordable and desirable property to rent in Laurel, 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.
Learn more on Foreclosure homes
