Center Moriches, NY Home Values & Market Trends
Real estate market trends reflect that there have been 128 transactions over the past year in Center Moriches. The median value for residential home transactions that occurred over the previous year is $609,329.96. The number of current listings in Center Moriches is 21, and the percentage of properties for sale in the city is 21.00%. Center Moriches, NY currently has 45 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 21 properties for sale.
Center Moriches, NY Real Estate Market Overview
Zip | Median Est. Value |
---|---|
11934 | $ 567,000 $ 385/sqft |
Housing Market Summary for Center Moriches, NY
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $667.5K | $0 | -100.00% |
Median Sold Price | $0 | $0 | - |
Homes For Sale | 12 | 19 | 58.33% |
Homes Sold | 0 | 0 | - |
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 Center Moriches, NY
Browse Homes in Center Moriches, NY
Center Moriches home values range from $197,090 to $4,495,000. The median estimated value of a home in Center Moriches is $609,329.96. The median list price of a home is 650,000, and the total count of properties in the city is 2,915.
- Pre-ForeclosurePre-foreclosure homes account for 1.41% of all residential properties in Center Moriches, NY with 11934 containing 41 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Center Moriches, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,500,000 in 11934 to the lowest home value of $378,000 in 11934.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Center Moriches, NY ranges from the highest value of $765,500 in 11934 to the lowest value of $765,500 in 11934. Bank owned homes and properties account for 0.03% of properties in Center Moriches, NY. There is 1 zips within Center Moriches, NY; 11934 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions11934 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Center Moriches, NY. Auction homes and other auction properties account for 0.10% of all properties in Center Moriches, NY. There is 1 zips within Center Moriches, NY; of that zips, the median estimated home value for homes going to auction ranges from $844,500 in 11934 to the lowest value of $445,000 in 11934.
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Guide for Center Moriches, NY
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.
An increase is house prices but a slowdown of homes sold in September
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