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

ZipMedian Est. Value
11934

$ 567,000

$ 385/sqft

Housing Market Summary for Center Moriches, NY

Mar 2023February 2024Change
Median Listing Price$667.5K$0-100.00%
Median Sold Price$0$0-
Homes For Sale121958.33%
Homes Sold00-
Price
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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 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.

Foreclosure
There is 1 zips within Center Moriches, NY; within this zips, the median estimated home value for homes in foreclosure ranges from $1,500,000 in 11934 to the lowest value of $378,000 in 11934. Foreclosure homes account for 1.00% of properties in Center Moriches, NY with 11934 containing 45 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    11934 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.72% of residential properties in Center Moriches, NY with 11934 containing 21 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Center Moriches, NY; homes for sale in that zips, have a range of median values from $4,495,000 in 11934 to the lowest value of $369,200 in 11934.
    Sold Homes
    The median value for recently sold homes ranges from $1,124,700 in 11934 to the lowest price of $394,200 in 11934. There is 1 zips within Center Moriches, NY. 11934 has 43 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.48% of properties in Center Moriches, NY.

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      Guide for Center Moriches, 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
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      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