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Multi-family Foreclosures in Peconic, NY

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Peconic, NY Foreclosures

How much do homes sell for in Peconic, NY?
The average home price is currently $1,368,686.
In Peconic, NY, how many homes are available?
There are currently 116 active home listings available in Peconic.
What’s the average rental cost in Peconic, NY?
The average rental price in Peconic is $3,391.
What is the most expensive home in Peconic?
The most expensive home sold in Peconic had a price of $13,591,621.
What is currently the cheapest priced home in Peconic, NY?
The cheapest home for sale in Peconic is priced at $17,586.

Living in Peconic, NY

Peconic, NY, is a picturesque hamlet on the North Fork of Long Island, known for its tranquil atmosphere, beautiful vineyards, and stunning waterfront views. This community offers a unique blend of rural charm and convenient access to nearby amenities, making it appealing for both families and retirees alike. Outdoor enthusiasts can enjoy a variety of recreational activities, enhancing the overall quality of life in this serene location.

Current Market Conditions in Peconic, NY

Peconic's real estate market has remained stable over the past year, showing a gradual appreciation in property values due to its attractive lifestyle and proximity to popular North Fork attractions. The demand for homes in Peconic has increased as more buyers are seeking refuge in quieter, suburban settings post-pandemic. This trend has been particularly noticeable among families and retirees looking for spacious properties where they can enjoy outdoor spaces.

The rental market has also seen a rise, with many individuals drawn to the area's seasonal charm and potential for year-round living. While the supply of homes has not fully caught up with the ascending demand, the new construction and renovations in the area reflect the optimism of developers about Peconic's growth potential.

Home Value Estimator For Peconic, NY

There are currently 611 real estate properties in Peconic, NY, with a median automated valuation model (AVM) price of $714,010.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Peconic, 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 Peconic, NY, is $1,368,686.00, with the most expensive house in Peconic, NY, topping out at $13,591,621.00 and the cheapest home in Peconic, NY, clocking in at $17,586.00. In other words, there’s something for every potential homebuyer or savvy investor in Peconic, NY!

Rent Prices In Peconic, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Peconic, NY, is on a rollercoaster ride. The average rent price in Peconic, NY, is $3,391.00. Indeed, when looking to rent in Peconic, NY, you can expect to pay as little as $1,680.00 or as much as $5,960.00, 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 Peconic, 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.

Peconic, NY Multi-family Homes


Market Trend for Peconic, NY

Total Listings Available: 116

Market Values:

Home Prices from $17,586 to $13,591,621

Average Sales Price: $1,368,686

Rental Values:

Rental from $1,680 to $5,960

Average Rent Value: $3,391 / month

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