Patchogue, NY Foreclosures
How much do homes sell for in Patchogue, NY?
The average home price is currently $596,826.
In Patchogue, NY, how many homes are available?
There are currently 72 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, NY is a picturesque village situated on Long Island's South Shore, offering a blend of small-town charm and modern amenities. With plenty of shopping, dining, and outdoor activities available, this vibrant community is perfect for families and young professionals. The area's rich cultural scene and convenient access to transportation make it an attractive place to call home.
Current Market Conditions in Patchogue, NY
The real estate market in Patchogue has shown consistent growth over the past few years, attracting buyers looking for spacious homes and a vibrant community. As more people discover the charm of Patchogue, demand for properties continues to rise, leading to a competitive market such as this one, characterized by a mix of single-family homes, multi-family units, and waterfront properties.
Recent trends indicate an increase in new construction and renovations, as developers capitalize on the area's appeal. With the ongoing revitalization of downtown Patchogue and improvements to local infrastructure, the market is poised for continued appreciation in property values.
Home Value Estimator For Patchogue, NY
There are currently 7,985 real estate properties
in Patchogue, NY,
with a median automated valuation model (AVM) price
of $559,167.00. 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 $596,826.00, 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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