Medford, NY Foreclosures
How much do homes sell for in Medford, NY?
The average home price is currently $581,509.
In Medford, NY, how many homes are available?
There are currently 85 active home listings available in Medford.
What’s the average rental cost in Medford, NY?
The average rental price in Medford is $2,565.
What is the most expensive home in Medford?
The most expensive home sold in Medford had a price of $15,576,081.
What is currently the cheapest priced home in Medford, NY?
The cheapest home for sale in Medford is priced at $11,165.
Living in Medford, NY
Medford, a charming community located on Long Island, New York, is characterized by its suburban feel and family-friendly atmosphere. The area boasts a mix of residential neighborhoods, ample shopping options, and beautiful parks. With close proximity to both beaches and New York City, Medford offers the best of both worlds for its residents.
Current Market Conditions in Medford, NY
The real estate market in Medford remains competitive as demand for suburban living continues to rise, especially post-pandemic. Buyers are attracted to the area's affordability compared to nearby coastal cities while enjoying the suburban lifestyle. Inventory has been relatively low, leading to an increase in home prices, although they remain within reach for many first-time buyers.
As more individuals and families seek homes in the suburbs for space and a quieter lifestyle, Medford's market has seen a boost in activity. The community's attributes, such as good schools, parks, and shopping centers, make it a favorable option for those looking to move away from denser urban areas.
Home Value Estimator For Medford, NY
There are currently 9,197 real estate properties
in Medford, NY,
with a median automated valuation model (AVM) price
of $567,089.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Medford, 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 Medford, NY,
is $581,509.00, with the most expensive house
in Medford, NY, topping out
at $15,576,081.00 and the cheapest home
in Medford, NY,
clocking in at $11,165.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Medford, NY!
Rent Prices
In Medford, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Medford, NY, is on
a rollercoaster ride. The
average rent price in Medford, NY,
is $2,565.00. Indeed, when looking to rent in
Medford, NY, you can expect to pay as little
as $1,470.00 or as much
as $4,210.00,
with the average rent median estimated to
be $2,610.00. The good news is that finding
an affordable and desirable property to rent in Medford, 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
