Laurel, NY Foreclosures
How much do homes sell for in Laurel, NY?
The average home price is currently $857,617.
In Laurel, NY, how many homes are available?
There are currently 116 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 $18,381,020.
What is currently the cheapest priced home in Laurel, NY?
The cheapest home for sale in Laurel is priced at $13,754.
Living in Laurel, NY
Laurel, NY is a beautiful hamlet ideal for families and retirees seeking a tranquil lifestyle surrounded by nature. Located on the North Fork of Long Island, it offers stunning beaches, excellent schools, and a tight-knit community. Enjoy outdoor activities, local wineries, and a peaceful atmosphere just a short drive from more bustling areas.
Current Market Conditions in Laurel, NY
As of now, the real estate market in Laurel is experiencing steady growth, with a favorable climate for both buyers and sellers. The inventory remains relatively low compared to demand, which is driving prices up, yet the market remains accessible for first-time homebuyers due to the availability of homes in various price ranges.
Interest rates have risen slightly over the past few months, creating a more cautious environment among buyers. However, the unique charm and location of Laurel continue to attract new residents who appreciate its peaceful surroundings and natural beauty, contributing to sustained interest in the real estate sector.
Home Value Estimator For Laurel, NY
There are currently 841 real estate properties
in Laurel, NY,
with a median automated valuation model (AVM) price
of $691,898.00. 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 $857,617.00, with the most expensive house
in Laurel, NY, topping out
at $18,381,020.00 and the cheapest home
in Laurel, NY,
clocking in at $13,754.00. 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
