Farmingville, NY Home Values & Market Trends

Real estate market trends reflect that there have been 99 transactions over the past year in Farmingville. The median value for residential home transactions that occurred over the previous year is $539,129.19. The number of current listings in Farmingville is 20, and the percentage of properties for sale in the city is 20.00%. Farmingville, NY currently has 98 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 20 properties for sale.

Farmingville, NY Real Estate Market Overview

ZipMedian Est. Value
11738

$ 539,949

$ 297/sqft

Housing Market Summary for Farmingville, NY

Mar 2023February 2024Change
Median Listing Price$502.4K$0-100.00%
Median Sold Price$0$0-
Homes For Sale162025.00%
Homes Sold00-
Price
$/Sqft
Homes For Sale
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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 Farmingville, NY

Farmingville home values range from $49,625 to $2,023,323. The median estimated value of a home in Farmingville is $539,129.19. The median list price of a home is 514,949.5, and the total count of properties in the city is 4,502.

Foreclosure
There is 1 zips within Farmingville, NY; within this zips, the median estimated home value for homes in foreclosure ranges from $710,500 in 11738 to the lowest value of $51,501 in 11738. Foreclosure homes account for 2.00% of properties in Farmingville, NY with 11738 containing 98 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.13% of all residential properties in Farmingville, NY with 11738 containing 96 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Farmingville, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $710,500 in 11738 to the lowest home value of $51,501 in 11738.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Farmingville, NY ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Farmingville, NY. There is 1 zips within Farmingville, NY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    11738 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Farmingville, NY. Auction homes and other auction properties account for 0.04% of all properties in Farmingville, NY. There is 1 zips within Farmingville, NY; of that zips, the median estimated home value for homes going to auction ranges from $598,000 in 11738 to the lowest value of $554,250 in 11738.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.44% of residential properties in Farmingville, NY with 11738 containing 20 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Farmingville, NY; homes for sale in that zips, have a range of median values from $739,777 in 11738 to the lowest value of $309,677 in 11738.
    Sold Homes
    The median value for recently sold homes ranges from $865,773 in 11738 to the lowest price of $407,469 in 11738. There is 1 zips within Farmingville, NY. 11738 has 18 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.40% of properties in Farmingville, NY.

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      Guide for Farmingville, NY

      Market Reports
      Rochester Real Estate: A Year of Growth and Potential
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      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?
      See More Articles
      Rochester Real Estate: A Year of Growth and Potential
      Market Reports|posted 13 March 2024

      Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.

      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