Valley Stream, NY Home Values & Market Trends
Real estate market trends reflect that there have been 545 transactions over the past year in Valley Stream. The median value for residential home transactions that occurred over the previous year is $659,050.57. The number of current listings in Valley Stream is 117, and the percentage of properties for sale in the city is 117.00%. Valley Stream, NY currently has 435 properties in foreclosure, 17 bank owned properties, 25 properties headed for auction, and 117 properties for sale.
Valley Stream, NY Real Estate Market Overview
Housing Market Summary for Valley Stream, NY
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $679K | $674.4K | -0.68% |
| Median Sold Price | $653.6K | $674.4K | 3.18% |
| Homes For Sale | 68 | 105 | 54.41% |
| Homes Sold | 346 | 325 | -6.07% |
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 Valley Stream, NY
Browse Homes in Valley Stream, NY
Valley Stream home values range from $104,630 to $2,677,060. The median estimated value of a home in Valley Stream is $659,050.57. The median list price of a home is 699,990, and the total count of properties in the city is 16,609.
- Pre-ForeclosurePre-foreclosure homes account for 2.37% of all residential properties in Valley Stream, NY with 11580 containing 272 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 $1,364,006 in 11581 to the lowest home value of $414,376 in 11580.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Valley Stream, NY ranges from the highest value of $955,159 in 11580 to the lowest value of $510,000 in 11581. Bank owned homes and properties account for 0.10% of properties in Valley Stream, NY. There are 2 zips within Valley Stream, NY; 11580 containing 11 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions11580 has 22 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 0.15% 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 $908,971 in 11581 to the lowest value of $400,000 in 11581.
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Guide for Valley Stream, NY
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
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.
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.
