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Foreclosure Homes in Mill Neck, NY

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Mill Neck, NY Foreclosures

How much do homes sell for in Mill Neck, NY?
The average home price is currently $3,310,431.
In Mill Neck, NY, how many homes are available?
There are currently 2,061 active home listings available in Mill Neck.
What’s the average rental cost in Mill Neck, NY?
The average rental price in Mill Neck is $4,687.
What is the most expensive home in Mill Neck?
The most expensive home sold in Mill Neck had a price of $18,325,900.
What is currently the cheapest priced home in Mill Neck, NY?
The cheapest home for sale in Mill Neck is priced at $56,116.

Living in Mill Neck, NY

Mill Neck, NY is an upscale village on Long Island's North Shore, renowned for its luxurious estates and breathtaking natural beauty. It features strong community ties, exceptional schools, and numerous recreational opportunities. The area combines the tranquillity of suburban living with convenient access to nearby urban amenities.

Current Market Conditions in Mill Neck, NY

The Mill Neck real estate market remains competitive, characterized by a limited inventory of high-end homes. Demand continues to outpace supply, which has led to sustained price appreciation over recent years. Many buyers are drawn to the area's natural beauty and prestigious reputation, fueling ongoing investment in properties.

Currently, the North Shore of Long Island has seen a surge in interest as remote work trends persist, with more individuals seeking serene and spacious homes. The luxury market particularly reflects this trend, with properties quickly going under contract.

Home Value Estimator For Mill Neck, NY

There are currently 239 real estate properties in Mill Neck, NY, with a median automated valuation model (AVM) price of $2,613,976.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mill Neck, 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 Mill Neck, NY, is $3,310,431.00, with the most expensive house in Mill Neck, NY, topping out at $18,325,900.00 and the cheapest home in Mill Neck, NY, clocking in at $56,116.00. In other words, there’s something for every potential homebuyer or savvy investor in Mill Neck, NY!

Rent Prices In Mill Neck, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mill Neck, NY, is on a rollercoaster ride. The average rent price in Mill Neck, NY, is $4,687.00. Indeed, when looking to rent in Mill Neck, NY, you can expect to pay as little as $2,770.00 or as much as $7,240.00, with the average rent median estimated to be $4,750.00. The good news is that finding an affordable and desirable property to rent in Mill Neck, 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.

Mill Neck, NY Foreclosures

Market Trend for Mill Neck, NY

Total Listings Available: 2,061

Market Values:

Home Prices from $56,116 to $18,325,900

Average Sales Price: $3,310,431

Rental Values:

Rental from $2,770 to $7,240

Average Rent Value: $4,687 / month

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