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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 March 2026?
In the past month, Locust Valley has experienced a slight uptick in real estate activity, with more homes coming onto the market as potential sellers take advantage of favorable conditions. Interest rates have stabilized, encouraging new buyers to explore options within the area. Additionally, the average sale price has increased by approximately 3% compared to the previous month, reflecting ongoing demand despite seasonal fluctuations.
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 14 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 is a charming hamlet located on the North Shore of Long Island, known for its picturesque residential areas and historic architecture. The community offers a strong suburban lifestyle with a close-knit feel, highlighted by a variety of boutique shops and lovely parks. Residents appreciate the good schools and recreational opportunities that the area presents.

Buyer vs Seller Market in Locust Valley, NY

The real estate market in Locust Valley has remained competitive with a steady demand for family homes and investment properties. Recent trends indicate a slight increase in home values due to the area's popularity and limited housing inventory.

In recent months, the market has seen a rise in buyers interested in the community, attracting those looking for a suburban lifestyle yet close to city amenities. Homes are selling faster, with some selling above asking prices.

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: 14

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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