Patchogue, NY Foreclosures
How much do homes sell for in Patchogue, NY?
The average home price is currently $601,762.
In Patchogue, NY, how many homes are available?
There are currently 105 active home listings available in Patchogue.
What’s the average rental cost in Patchogue, NY?
The average rental price in Patchogue is $2,169.
What is the most expensive home in Patchogue?
The most expensive home sold in Patchogue had a price of $32,569,606.
What is currently the cheapest priced home in Patchogue, NY?
The cheapest home for sale in Patchogue is priced at $11,131.
Living in Patchogue, NY
Patchogue is a charming village in New York with a lively downtown area and beautiful waterfront. Known for its vibrant arts scene, diverse dining options, and rich history, Patchogue offers an attractive lifestyle for families and young professionals alike. The community hosts various events throughout the year, making it a great place to live and connect with neighbors.
Current Market Conditions in Patchogue, NY
The real estate market in Patchogue has seen vigorous activity with rising demand for homes due to its appealing lifestyle and proximity to New York City. As a waterfront community, interest from new buyers, especially young professionals and families, continues to grow. The housing inventory is slowly shrinking, leading to an increase in home prices, but the market is still considered accessible compared to nearby areas.
Recently, Patchogue has been recognized for its revitalized downtown area, which includes new restaurants, shops, and cultural venues. Areas along the waterfront are particularly sought after, contributing to new construction and renovations. Overall, the robust atmosphere enhances the local property values.
Home Value Estimator For Patchogue, NY
There are currently 7,988 real estate properties
in Patchogue, NY,
with a median automated valuation model (AVM) price
of $562,325.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Patchogue, 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 Patchogue, NY,
is $601,762.00, with the most expensive house
in Patchogue, NY, topping out
at $32,569,606.00 and the cheapest home
in Patchogue, NY,
clocking in at $11,131.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Patchogue, NY!
Rent Prices
In Patchogue, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Patchogue, NY, is on
a rollercoaster ride. The
average rent price in Patchogue, NY,
is $2,169.00. Indeed, when looking to rent in
Patchogue, NY, you can expect to pay as little
as $1,390.00 or as much
as $4,700.00,
with the average rent median estimated to
be $2,130.00. The good news is that finding
an affordable and desirable property to rent in Patchogue, 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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