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Foreclosure Homes in Merrick, NY 11566

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Merrick, NY Foreclosures

How much do homes sell for in Merrick, NY?
The average home price is currently $841,151.
In Merrick, NY, how many homes are available?
There are currently 39 active home listings available in Merrick.
What’s the average rental cost in Merrick, NY?
The average rental price in Merrick is $3,229.
What is the most expensive home in Merrick?
The most expensive home sold in Merrick had a price of $6,694,567.
What is currently the cheapest priced home in Merrick, NY?
The cheapest home for sale in Merrick is priced at $14,553.

Living in Merrick, NY

Merrick, NY, is a vibrant suburban community in Nassau County known for its beautiful residential areas, excellent schools, and convenient access to New York City. The community offers a rich blend of outdoor activities, shopping, and dining options. With a friendly atmosphere and strong community ties, Merrick stands out as a desirable location for real estate investment.

Current Market Conditions in Merrick, NY

The real estate market in Merrick is currently experiencing steady growth, with a balanced supply and demand. Home prices have seen a consistent upward trend over the past few years, making it a desirable market for both buyers and investors. As new developments and renovations continue to pop up, the potential for property value appreciation remains strong.

Investors are increasingly attracted to Merrick due to its family-friendly environment and proximity to major urban centers. The median home price has risen, reflecting the desirability of the area, and first-time homebuyers show strong interest, indicating a healthy market with long-term potential.

Home Value Estimator For Merrick, NY

There are currently 11,686 real estate properties in Merrick, NY, with a median automated valuation model (AVM) price of $783,602.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Merrick, 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 Merrick, NY, is $841,151.00, with the most expensive house in Merrick, NY, topping out at $6,694,567.00 and the cheapest home in Merrick, NY, clocking in at $14,553.00. In other words, there’s something for every potential homebuyer or savvy investor in Merrick, NY!

Rent Prices In Merrick, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Merrick, NY, is on a rollercoaster ride. The average rent price in Merrick, NY, is $3,229.00. Indeed, when looking to rent in Merrick, NY, you can expect to pay as little as $1,570.00 or as much as $8,440.00, with the average rent median estimated to be $3,120.00. The good news is that finding an affordable and desirable property to rent in Merrick, 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.

Merrick, NY 11566 Foreclosures


Market Trend for Merrick, NY

Total Listings Available: 39

Market Values:

Home Prices from $14,553 to $6,694,567

Average Sales Price: $841,151

Rental Values:

Rental from $1,570 to $8,440

Average Rent Value: $3,229 / month

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