Moriches, NY Foreclosures
How much do homes sell for in Moriches, NY?
The average home price is currently $610,610.
In Moriches, NY, how many homes are available?
There are currently 109 active home listings available in Moriches.
What’s the average rental cost in Moriches, NY?
The average rental price in Moriches is $2,139.
What is the most expensive home in Moriches?
The most expensive home sold in Moriches had a price of $2,985,900.
What is currently the cheapest priced home in Moriches, NY?
The cheapest home for sale in Moriches is priced at $103,652.
Living in Moriches, NY
Moriches, NY is a peaceful hamlet known for its beautiful waterfront and suburban charm. It offers a relaxed lifestyle alongside access to various outdoor activities like fishing and boating. With a strong sense of community, Moriches is perfect for families and individuals seeking a serene environment.
Current Market Conditions in Moriches, NY
The real estate market in Moriches is currently experiencing a mild upswing, with an increase in demand for single-family homes. As more buyers look for spacious properties near the water, home prices have risen steady this past year, but they remain reasonable compared to neighboring areas. The market is characterized by a mix of older homes with potential for renovation and new constructions, appealing to a diverse group of buyers.
Inventory in Moriches has been more limited due to high demand, leading to quicker sales and competitive offers. Many homes are selling above asking price, particularly those that are well-maintained or recently updated. Buyers are being encouraged to act quickly to secure desirable properties.
Home Value Estimator For Moriches, NY
There are currently 912 real estate properties
in Moriches, NY,
with a median automated valuation model (AVM) price
of $598,927.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Moriches, 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 Moriches, NY,
is $610,610.00, with the most expensive house
in Moriches, NY, topping out
at $2,985,900.00 and the cheapest home
in Moriches, NY,
clocking in at $103,652.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Moriches, NY!
Rent Prices
In Moriches, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Moriches, NY, is on
a rollercoaster ride. The
average rent price in Moriches, NY,
is $2,139.00. Indeed, when looking to rent in
Moriches, NY, you can expect to pay as little
as $1,640.00 or as much
as $4,000.00,
with the average rent median estimated to
be $2,020.00. The good news is that finding
an affordable and desirable property to rent in Moriches, 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.