Lindenhurst, NY Foreclosures
How much do homes sell for in Lindenhurst, NY?
The average home price is currently $593,221.
What’s the average rental cost in Lindenhurst, NY?
The average rental price in Lindenhurst is $2,349.
What is the most expensive home in Lindenhurst?
The most expensive home sold in Lindenhurst had a price of $20,295,100.
What is currently the cheapest priced home in Lindenhurst, NY?
The cheapest home for sale in Lindenhurst is priced at $11,244.
Living in Lindenhurst, NY
Lindenhurst is a vibrant community located on Long Island, NY, offering a mix of suburban comfort and coastal charm. Known for its beautiful waterfront and local amenities, residents enjoy a strong sense of community and easy access to various recreational activities. It's an ideal location for families and newcomers looking for a balanced lifestyle.
Current Market Conditions in Lindenhurst, NY
The real estate market in Lindenhurst is currently experiencing an upward trend, with home prices appreciating steadily. The area's popularity is fueled by its excellent schools, recreational offerings, and overall quality of life, leading to increased demand for housing. Buyers are actively seeking properties, often resulting in competitive bidding situations, particularly for family-sized homes.
Rental demand is also robust, as many professionals and families choose Lindenhurst for its affordability compared to neighboring towns. The average time on the market for homes has decreased as buyers look to secure properties amid rising interest rates.
Overall, Lindenhurst remains a strong market for both buyers and investors, with a variety of home styles and prices available.
Home Value Estimator For Lindenhurst, NY
There are currently 13,539 real estate properties
in Lindenhurst, NY,
with a median automated valuation model (AVM) price
of $560,923.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lindenhurst, 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 Lindenhurst, NY,
is $593,221.00, with the most expensive house
in Lindenhurst, NY, topping out
at $20,295,100.00 and the cheapest home
in Lindenhurst, NY,
clocking in at $11,244.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lindenhurst, NY!
Rent Prices
In Lindenhurst, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lindenhurst, NY, is on
a rollercoaster ride. The
average rent price in Lindenhurst, NY,
is $2,349.00. Indeed, when looking to rent in
Lindenhurst, NY, you can expect to pay as little
as $1,290.00 or as much
as $5,660.00,
with the average rent median estimated to
be $2,350.00. The good news is that finding
an affordable and desirable property to rent in Lindenhurst, 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
