Locust Valley, NY Home Values & Market Trends
Real estate market trends reflect that there have been 85 transactions over the past year in Locust Valley. The median value for residential home transactions that occurred over the previous year is $1,536,258. The number of current listings in Locust Valley is 140, and the percentage of properties for sale in the city is 140.00%. Locust Valley, NY currently has 31 properties in foreclosure, 2 bank owned properties, 3 properties headed for auction, and 140 properties for sale.
Locust Valley, NY Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 11560 | $ 1,536,258 $ 557/sqft |
Housing Market Summary for Locust Valley, NY
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.7M | $1.6M | -7.11% |
| Median Sold Price | $1.1M | $1.1M | 3.54% |
| Homes For Sale | 100 | 141 | 41.00% |
| Homes Sold | 36 | 8 | -77.78% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Locust Valley, NY
Browse Homes in Locust Valley, NY
Locust Valley home values range from $435,366 to $14,162,105. The median estimated value of a home in Locust Valley is $1,536,258. The median list price of a home is 1,599,000, and the total count of properties in the city is 210.
- Pre-ForeclosurePre-foreclosure homes account for 12.38% of all residential properties in Locust Valley, NY with 11560 containing 26 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Locust Valley, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $3,977,631 in 11560 to the lowest home value of $445,157 in 11560.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Locust Valley, NY ranges from the highest value of $1,136,039 in 11560 to the lowest value of $793,739 in 11560. Bank owned homes and properties account for 0.95% of properties in Locust Valley, NY. There is 1 zips within Locust Valley, NY; 11560 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions11560 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Locust Valley, NY. Auction homes and other auction properties account for 1.43% of all properties in Locust Valley, NY. There is 1 zips within Locust Valley, NY; of that zips, the median estimated home value for homes going to auction ranges from $4,043,462 in 11560 to the lowest value of $2,249,000 in 11560.
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Guide for Locust Valley, NY
New York Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
