Laurel, NY Foreclosures
How much do homes sell for in Laurel, NY?
The average home price is currently $942,664.
In Laurel, NY, how many homes are available?
There are currently 3,493 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 $4,478,800.
What is currently the cheapest priced home in Laurel, NY?
The cheapest home for sale in Laurel is priced at $13,979.
Living in Laurel, NY
Laurel, NY is a charming hamlet in Suffolk County, known for its beautiful vineyards and peaceful surroundings. It offers a mix of outdoor activities and local amenities, making it perfect for families and retirees alike. With easy access to nearby towns and beaches, Laurel provides a serene escape from the hustle and bustle of city life.
Current Market Conditions in Laurel, NY
The real estate market in Laurel, NY has shown a steady increase in home prices due to its desirability and limited inventory. With a growing interest from both buyers looking for vacation homes and families seeking permanent residences, the competition in this area has led to quicker sales, with homes often receiving multiple offers.
As more people look to move out of more urban settings into peaceful hamlets like Laurel, the demand for properties has been on an upward trend, making this a strong market for investment. Buyers are increasingly attracted to the area's charm and outdoor lifestyle, indicating a positive outlook for home value appreciation.
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 $821,051.00. 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 $942,664.00, with the most expensive house
in Laurel, NY, topping out
at $4,478,800.00 and the cheapest home
in Laurel, NY,
clocking in at $13,979.00. 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.
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