New Suffolk, NY Foreclosures
How much do homes sell for in New Suffolk, NY?
The average home price is currently $993,802.
In New Suffolk, NY, how many homes are available?
There are currently 3,585 active home listings available in New Suffolk.
What’s the average rental cost in New Suffolk, NY?
The average rental price in New Suffolk is $3,317.
What is the most expensive home in New Suffolk?
The most expensive home sold in New Suffolk had a price of $3,451,229.
What is currently the cheapest priced home in New Suffolk, NY?
The cheapest home for sale in New Suffolk is priced at $46,000.
Living in New Suffolk, NY
New Suffolk, NY, is a picturesque hamlet nestled on Long Island’s North Fork, known for its stunning waterfront views and peaceful community. Ideal for those seeking a serene lifestyle, the area is surrounded by local wineries, farms, and outdoor recreation opportunities. Residents enjoy a small-town feel with easy access to natural beauty and local attractions.
Current Market Conditions in New Suffolk, NY
The real estate market in New Suffolk has been showing a steady increase in demand over the past few months. With its scenic views and proximity to water activities, the area attracts both permanent residents and second home buyers looking for a retreat. Although inventory is somewhat low, properties that come to market are often receiving competitive offers, indicating a strong seller's market.
As more people seek out tranquil locations away from urban centers, New Suffolk's appeal continues to grow. The price appreciation is noticeable, with homes often selling faster than in past years, making it an attractive prospect for real estate investment.
Home Value Estimator For New Suffolk, NY
There are currently 276 real estate properties
in New Suffolk, NY,
with a median automated valuation model (AVM) price
of $904,626.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in New Suffolk, 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 New Suffolk, NY,
is $993,802.00, with the most expensive house
in New Suffolk, NY, topping out
at $3,451,229.00 and the cheapest home
in New Suffolk, NY,
clocking in at $46,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Suffolk, NY!
Rent Prices
In New Suffolk, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Suffolk, NY, is on
a rollercoaster ride. The
average rent price in New Suffolk, NY,
is $3,317.00. Indeed, when looking to rent in
New Suffolk, NY, you can expect to pay as little
as $1,760.00 or as much
as $5,400.00,
with the average rent median estimated to
be $3,480.00. The good news is that finding
an affordable and desirable property to rent in New Suffolk, 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.
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