Oak Beach, NY Foreclosures
How much do homes sell for in Oak Beach, NY?
The average home price is currently $737,374.
What’s the average rental cost in Oak Beach, NY?
The average rental price in Oak Beach is $2,879.
What is the most expensive home in Oak Beach?
The most expensive home sold in Oak Beach had a price of $2,437,693.
What is currently the cheapest priced home in Oak Beach, NY?
The cheapest home for sale in Oak Beach is priced at $28,475.
Living in Oak Beach, NY
Oak Beach, NY, is a picturesque coastal community offering stunning beach access and a peaceful lifestyle. It's perfect for outdoor enthusiasts who enjoy activities like swimming, fishing, and boating. With its close proximity to Babylon, residents can also take advantage of a variety of urban amenities.
Current Market Conditions in Oak Beach, NY
The current real estate market in Oak Beach is active, with a mix of seasonal properties and year-round residences. The demand for beach homes has seen a notable increase, especially during the warmer months, as many buyers look for vacation homes or investment properties in desirable coastal locations.
As of this year, Oak Beach has experienced a steady appreciation in property values. Inventory remains relatively low, with many homes selling quickly, often at or above asking prices. This trend is expected to continue as more individuals seek to relocate to quieter, beachside communities.
Home Value Estimator For Oak Beach, NY
There are currently 72 real estate properties
in Oak Beach, NY,
with a median automated valuation model (AVM) price
of $681,820.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oak Beach, 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 Oak Beach, NY,
is $737,374.00, with the most expensive house
in Oak Beach, NY, topping out
at $2,437,693.00 and the cheapest home
in Oak Beach, NY,
clocking in at $28,475.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oak Beach, NY!
Rent Prices
In Oak Beach, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oak Beach, NY, is on
a rollercoaster ride. The
average rent price in Oak Beach, NY,
is $2,879.00. Indeed, when looking to rent in
Oak Beach, NY, you can expect to pay as little
as $1,770.00 or as much
as $4,500.00,
with the average rent median estimated to
be $2,860.00. The good news is that finding
an affordable and desirable property to rent in Oak Beach, 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
