Oak Beach, NY Foreclosures
How much do homes sell for in Oak Beach, NY?
The average home price is currently $817,332.
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 $2,786,800.
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 is a charming coastal community on Long Island, New York, offering a tranquil living environment with beautiful beaches and recreational activities. The area boasts good schools, access to nature parks, and a welcoming atmosphere. Residents enjoy a peaceful lifestyle while being only a short drive from larger urban centers.
Current Market Conditions in Oak Beach, NY
The real estate market in Oak Beach is relatively stable, with a mix of seasonal and year-round residents driving demand. The small-town charm and coastal location make it a desired spot for vacation homes, as well as permanent residences. Recently, there has been a slight increase in property values as more buyers seek out peaceful waterfront living options.
Current inventory levels remain moderate, with homes selling at a consistent pace, but with limited new construction taking place, the market has seen a steady increase in appreciation for existing homes.
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 $751,014.00. 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 $817,332.00, with the most expensive house
in Oak Beach, NY, topping out
at $2,786,800.00 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
