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Preforeclosure Homes in Shoreham, NY

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Living in Shoreham, NY

Shoreham is a serene village located on the North Shore of Long Island, known for its picturesque landscapes and close-knit community. Residents enjoy a tranquil lifestyle with access to beautiful beaches, parks, and a family-friendly atmosphere. The village features charming homes and a commitment to preserving its natural beauty, making it an ideal place for families and retirees alike.

Current Market Conditions in Shoreham, NY

Shoreham's real estate market is characterized by its stability and steady demand. Families are drawn to the village for its excellent schools and tranquil environment, contributing to a robust housing demand that often leads to homes selling quickly. The limited housing inventory adds to the competitive nature of the market, with many listings attracting multiple offers.

Currently, the Shoreham real estate market shows a mix of median-priced homes and luxury listings, appealing to a range of buyers, from first-time homeowners to those seeking upscale properties. Market trends indicate a consistent appreciation rate year over year, reflecting the high desirability of the area.

Home Value Estimator For Shoreham, NY

There are currently 2,046 real estate properties in Shoreham, NY, with a median automated valuation model (AVM) price of $707,698.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shoreham, 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 Shoreham, NY, is $729,021.00, with the most expensive house in Shoreham, NY, topping out at $1,764,800.00 and the cheapest home in Shoreham, NY, clocking in at $20,532.00. In other words, there’s something for every potential homebuyer or savvy investor in Shoreham, NY!

Rent Prices In Shoreham, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shoreham, NY, is on a rollercoaster ride. The average rent price in Shoreham, NY, is $3,102.00. Indeed, when looking to rent in Shoreham, NY, you can expect to pay as little as $1,620.00 or as much as $5,200.00, with the average rent median estimated to be $3,050.00. The good news is that finding an affordable and desirable property to rent in Shoreham, 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.

Shoreham, NY Preforeclosure Homes


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