Valley Stream, NY Home Values & Market Trends

Real estate market trends reflect that there have been 540 transactions over the past year in Valley Stream. The median value for residential home transactions that occurred over the previous year is $655,263.33. The number of current listings in Valley Stream is 106, and the percentage of properties for sale in the city is 106.00%. Valley Stream, NY currently has 62 properties in foreclosure, 18 bank owned properties, 24 properties headed for auction, and 106 properties for sale.

Valley Stream, NY Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
11580

$ 706,880

$ 444/sqft

11581

$ 785,000

$ 460/sqft

Housing Market Summary for Valley Stream, NY

Mar 2023February 2024Change
Median Listing Price$649K$650.3K0.20%
Median Sold Price$651.9K$650.3K-0.24%
Homes For Sale7510438.67%
Homes Sold3753760.27%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Valley Stream, NY

Valley Stream home values range from $104,900 to $2,725,195. The median estimated value of a home in Valley Stream is $655,263.33. The median list price of a home is 726,500, and the total count of properties in the city is 16,609.

Foreclosure
There are 2 zips within Valley Stream, NY; within these zips, the median estimated home value for homes in foreclosure ranges from $1,303,664 in 11580 to the lowest value of $400,000 in 11580. Foreclosure homes account for 0.00% of properties in Valley Stream, NY with 11580 containing 44 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.12% of all residential properties in Valley Stream, NY with 11580 containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Valley Stream, NY; of those zips, the estimated home value for pre-foreclosure homes ranges from $902,857 in 11581 to the lowest home value of $605,362 in 11580.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Valley Stream, NY ranges from the highest value of $1,034,044 in 11580 to the lowest value of $573,139 in 11581. Bank owned homes and properties account for 0.11% of properties in Valley Stream, NY. There are 2 zips within Valley Stream, NY; 11580 containing 12 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    11580 has 19 auction properties, the highest number of properties going to auction in a single zip in the state of Valley Stream, NY. Auction homes and other auction properties account for 0.14% of all properties in Valley Stream, NY. There are 2 zips within Valley Stream, NY; of those zips, the median estimated home value for homes going to auction ranges from $912,898 in 11581 to the lowest value of $400,000 in 11581.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.64% of residential properties in Valley Stream, NY with 11580 containing 63 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Valley Stream, NY; homes for sale in those zips, have a range of median values from $1,619,000 in 11581 to the lowest value of $416,208 in 11580.
    Sold Homes
    The median value for recently sold homes ranges from $1,657,120 in 11581 to the lowest price of $132,128 in 11581. There are 2 zips within Valley Stream, NY. 11580 has 258 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.26% of properties in Valley Stream, NY.

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      Guide for Valley Stream, NY

      Market Reports
      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      New York
      Buffalo Real Estate Market Soars in 2023
      Investment Guides
      Will Downtowns Go From Offices to Apartments?
      Home Buying Financing
      Will Mortgage Rates Rise Because of the Fed’s New Inflation Policy?
      See More Articles
      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      Market Reports|posted 27 February 2024

      New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.

      Buffalo Real Estate Market Soars in 2023
      New York|posted 19 January 2024

      An increase is house prices but a slowdown of homes sold in September

      Will Downtowns Go From Offices to Apartments?
      Investment Guides|posted 15 February 2022

      With more people working from home, there's an of excess office spaces. Older buildings may be up for apartment conversions especially with proposed tax breaks

      Will Mortgage Rates Rise Because of the Fed’s New Inflation Policy?
      Home Buying Financing|posted 25 June 2021

      After much speculation, the Federal Reserve has decided to move on interest rates. Not decisively, not rashly, and maybe not at all. Instead, the Fed has announced the possibility of two interest rate hikes by the end of 2023 while at the same time explaining they might not be necessary. Does this seem contradictory? You […]