Condo Foreclosures in Plandome, NY

Current Market Conditions in Plandome, NY

The real estate market in Plandome continues to exhibit strong demand, primarily fueled by the area's desirability among families and professionals looking for a suburban lifestyle close to New York City. Properties here are known for their spacious lots and well-maintained homes, which appeal to high-income buyers. As interest rates fluctuate, the market remains resilient, showcasing a healthy turnover of listings.

There is a notable trend towards purchasing larger homes, as families seek more space for remote working and learning arrangements. This shift has kept property values stable, with a slight increase observed in the average sale prices over the past year.

Rent Prices In Plandome, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Plandome, NY, is on a rollercoaster ride. The average rent price in Plandome, NY, is $6,475.00. Indeed, when looking to rent in Plandome, NY, you can expect to pay as little as $3,260.00 or as much as $7,980.00, with the average rent median estimated to be $6,520.00. The good news is that finding an affordable and desirable property to rent in Plandome, 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.