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Foreclosure Homes in Southold, NY

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Southold, NY Foreclosures

How much do homes sell for in Southold, NY?
The average home price is currently $850,288.
In Southold, NY, how many homes are available?
There are currently 8 active home listings available in Southold.
What’s the average rental cost in Southold, NY?
The average rental price in Southold is $2,983.
What is the most expensive home in Southold?
The most expensive home sold in Southold had a price of $9,204,900.
What is currently the cheapest priced home in Southold, NY?
The cheapest home for sale in Southold is priced at $13,410.

Living in Southold, NY

Southold, NY is a quaint town on the North Fork of Long Island, characterized by its beautiful beaches, vineyards, and strong sense of community. It offers residents a peaceful lifestyle brimming with outdoor activities and charming local businesses. Excellent schools and a welcoming atmosphere make it perfect for families and those seeking tranquility.

Current Market Conditions in Southold, NY

The real estate market in Southold remains strong, with a steady demand for properties driven by its appeal as a coastal getaway. Homes in the area are selling quickly, bolstered by buyers looking for permanent residences as well as investment properties for vacation rentals.

Recent trends indicate a significant appreciation in property values, particularly in waterfront areas. The influx of families and professionals from nearby urban centers continues to shape the market, leading to competitive bidding environments in desirable neighborhoods.

Home Value Estimator For Southold, NY

There are currently 4,140 real estate properties in Southold, NY, with a median automated valuation model (AVM) price of $736,632.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Southold, 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 Southold, NY, is $850,288.00, with the most expensive house in Southold, NY, topping out at $9,204,900.00 and the cheapest home in Southold, NY, clocking in at $13,410.00. In other words, there’s something for every potential homebuyer or savvy investor in Southold, NY!

Rent Prices In Southold, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Southold, NY, is on a rollercoaster ride. The average rent price in Southold, NY, is $2,983.00. Indeed, when looking to rent in Southold, NY, you can expect to pay as little as $1,300.00 or as much as $5,650.00, with the average rent median estimated to be $2,970.00. The good news is that finding an affordable and desirable property to rent in Southold, 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.

Southold, NY Foreclosures

Market Trend for Southold, NY

Total Listings Available: 8

Market Values:

Home Prices from $13,410 to $9,204,900

Average Sales Price: $850,288

Rental Values:

Rental from $1,300 to $5,650

Average Rent Value: $2,983 / month

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