3 Bed | 1 Bath | 963 Sq. Ft.
4 Bed | 3 Bath | 3,943 Sq. Ft.
| 1 Bath | 1,430 Sq. Ft.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Locust Valley, NY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Locust Valley, NY and much more. Save thousands at closing with home foreclosure listings in Locust Valley, NY — up to 75% off market value!
Locust Valley is located in Nassau, New York, with an estimated municipal population of 3,481 residents. All of the best foreclosed homes for sale in Locust Valley are located in the following zip code areas on Foreclosure.com: 11560. The estimated population per square kilometer (.62 miles) in Locust Valley is 1,481.
So, about how much do homes cost in Locust Valley? The most recent median value of resident-owned homes in Locust Valley is 595,543. An estimated 72 percent of households in Locust Valley own their homes, with an average family size of 3.18. The median household income in Locust Valley is 130,521, with61.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Locust Valley, the median commute time of resident workers (in minutes) is 39.6. And last, but certainly not least, are you looking for homes to rent in Locust Valley? If so, the average rent price paid by renters in Locust Valley is 1,944, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Locust Valley, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Locust Valley is 38.8, split between 47.6 percent male versus 52.4 female. The percentage of residents who report being married in Locust Valley is 54.3, with an average family size of 3.18.
The percentage of residents who report their race in Locust Valley is as follows:
| White | 88% |
| Black / African American | 3.6% |
| Asian | 1.8% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1.4% |
| Other | 5.1% |
Looking for family-friendly neighborhoods in and/or near Locust Valley? Or maybe you are searching for 55+ active adult communities in and/or near Locust Valley?
The percentage of residents who report their age in Locust Valley is as follows:
| Under 10 | 14.4% |
| Aged 10-19 | 13% |
| 20s | 10.3% |
| 30s | 13% |
| 40s | 14.8% |
| 50s | 12.9% |
| 60s | 9.4% |
| 70s | 6% |
| 80+ | 6.2% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Locust Valley with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Locust Valley.
How do you know that living in -- or moving to -- Locust Valley is right where you need to be? Perhaps you grew up in Locust Valley or already live nearby; therefore, the decision to buy a home in Locust Valley is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Locust Valley for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Locust Valley:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Locust Valley.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Locust Valley can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Locust Valley, meanwhile, can field multiple offers from more qualified buyers.
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