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Foreclosure Homes in Locust Valley, NY

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Locust Valley, NY Foreclosures

Current Market Conditions in in Locust Valley, NY As of February 2026?
In the past month, Locust Valley has experienced a slight uptick in home sales, driven by increased buyer interest as the market transitions into a busy season. Listing prices have continued to solidify with many homes receiving offers that are competitive, thus maintaining the value of real estate in the area. However, inventory remains constrained, leading to a continued seller's market. Buyers may face challenges securing their preferred properties due to limited availability, yet the overall activity level in the market remains promising.
How much do homes sell for in Locust Valley, NY?
The average home price is currently $1,586,105.
In Locust Valley, NY, how many homes are available?
There are currently 18 active home listings available in Locust Valley.
What’s the average rental cost in Locust Valley, NY?
The average rental price in Locust Valley is $3,697.
What is the most expensive home in Locust Valley?
The most expensive home sold in Locust Valley had a price of $20,403,730.
What is currently the cheapest priced home in Locust Valley, NY?
The cheapest home for sale in Locust Valley is priced at $18,322.

Living in Locust Valley, NY

Locust Valley, NY, is a charming suburban village in Nassau County known for its scenic beauty and strong sense of community. With excellent schools and a variety of outdoor recreational activities, it offers a family-friendly environment. The local shops and restaurants enhance the small-town feel, making it a desirable area for homebuyers.

Buyer vs Seller Market in Locust Valley, NY

The real estate market in Locust Valley has shown resilience and growth over the past year, with an increase in home prices due to high demand. The charm of the area, along with its top-rated schools, continues to attract prospective buyers, making it a competitive market for sellers and buyers alike.

As of recent trends, the inventory of homes for sale remains low, which has led to multiple offers on desirable properties. Additionally, many homes are selling above their listing price, reflecting the strength of the local market.

Home Value Estimator For Locust Valley, NY

There are currently 2,276 real estate properties in Locust Valley, NY, with a median automated valuation model (AVM) price of $1,088,021.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Locust Valley, 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 Locust Valley, NY, is $1,586,105.00, with the most expensive house in Locust Valley, NY, topping out at $20,403,730.00 and the cheapest home in Locust Valley, NY, clocking in at $18,322.00. In other words, there’s something for every potential homebuyer or savvy investor in Locust Valley, NY!

Rent Prices In Locust Valley, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Locust Valley, NY, is on a rollercoaster ride. The average rent price in Locust Valley, NY, is $3,697.00. Indeed, when looking to rent in Locust Valley, NY, you can expect to pay as little as $1,800.00 or as much as $7,250.00, with the average rent median estimated to be $3,380.00. The good news is that finding an affordable and desirable property to rent in Locust Valley, 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.

Locust Valley, NY Foreclosures

Market Trend for Locust Valley, NY

Total Listings Available: 18

Market Values:

Home Prices from $18,322 to $20,403,730

Average Sales Price: $1,586,105

Rental Values:

Rental from $1,800 to $7,250

Average Rent Value: $3,697 / month

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