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Preforeclosure Homes in Smithtown, NY 11787

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Smithtown, NY Foreclosures

Current Market Conditions in in Smithtown, NY As of February 2026?
In the past month, the Smithtown real estate market has seen a moderate rise in home prices, reflecting a consistent trend throughout the summer months. Inventory levels remain low, which has contributed to the competitive nature of the market, resulting in homes selling at or above asking prices in many cases. Buyers are urged to act quickly when they find a suitable property.
How much do homes sell for in Smithtown, NY?
The average home price is currently $810,760.
In Smithtown, NY, how many homes are available?
There are currently 34 active home listings available in Smithtown.
What’s the average rental cost in Smithtown, NY?
The average rental price in Smithtown is $2,823.
What is the most expensive home in Smithtown?
The most expensive home sold in Smithtown had a price of $11,381,815.
What is currently the cheapest priced home in Smithtown, NY?
The cheapest home for sale in Smithtown is priced at $13,582.

Living in Smithtown, NY

Smithtown, NY is a beautiful suburb located on Long Island. It offers a family-friendly atmosphere with excellent schools, local parks, and a range of businesses. The community is known for its friendly residents and strong sense of local pride.

Buyer vs Seller Market in Smithtown, NY

Smithtown's real estate market has shown a steady increase in demand, driven by its attractive suburban lifestyle and proximity to New York City. Homes in the area tend to sell quickly due to the desirable neighborhoods and quality of life.

With average home prices increasing, buyers are finding it increasingly competitive, especially for homes in top-rated school districts and with larger lots. Investors are also noticing the potential for rental income due to the high demand for housing.

Home Value Estimator For Smithtown, NY

There are currently 12,583 real estate properties in Smithtown, NY, with a median automated valuation model (AVM) price of $772,546.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Smithtown, 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 Smithtown, NY, is $810,760.00, with the most expensive house in Smithtown, NY, topping out at $11,381,815.00 and the cheapest home in Smithtown, NY, clocking in at $13,582.00. In other words, there’s something for every potential homebuyer or savvy investor in Smithtown, NY!

Rent Prices In Smithtown, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Smithtown, NY, is on a rollercoaster ride. The average rent price in Smithtown, NY, is $2,823.00. Indeed, when looking to rent in Smithtown, NY, you can expect to pay as little as $1,200.00 or as much as $5,240.00, with the average rent median estimated to be $2,750.00. The good news is that finding an affordable and desirable property to rent in Smithtown, 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.

Smithtown, NY 11787 Preforeclosure Homes


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