Mastic Beach, NY Home Values & Market Trends

Real estate market trends reflect that there have been 351 transactions over the past year in Mastic Beach. The median value for residential home transactions that occurred over the previous year is $354,073.97. The number of current listings in Mastic Beach is 56, and the percentage of properties for sale in the city is 56.00%. Mastic Beach, NY currently has 126 properties in foreclosure, 1 bank owned properties, 7 properties headed for auction, and 56 properties for sale.

Mastic Beach, NY Real Estate Market Overview

ZipMedian Est. Value
11951

$ 350,350

$ 309/sqft

Housing Market Summary for Mastic Beach, NY

Apr 2023March 2024Change
Median Listing Price$339K$0-100.00%
Median Sold Price$0$0-
Homes For Sale334742.42%
Homes Sold071-
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 Mastic Beach, NY

Mastic Beach home values range from $220,000 to $1,557,000. The median estimated value of a home in Mastic Beach is $354,073.97. The median list price of a home is 354,500, and the total count of properties in the city is 4,707.

Foreclosure
There is 1 zips within Mastic Beach, NY; within this zips, the median estimated home value for homes in foreclosure ranges from $503,600 in 11951 to the lowest value of $223,500 in 11951. Foreclosure homes account for 2.00% of properties in Mastic Beach, NY with 11951 containing 126 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.51% of all residential properties in Mastic Beach, NY with 11951 containing 118 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mastic Beach, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $466,300 in 11951 to the lowest home value of $223,500 in 11951.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mastic Beach, NY ranges from the highest value of $440,800 in 11951 to the lowest value of $440,800 in 11951. Bank owned homes and properties account for 0.02% of properties in Mastic Beach, NY. There is 1 zips within Mastic Beach, NY; 11951 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    11951 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Mastic Beach, NY. Auction homes and other auction properties account for 0.15% of all properties in Mastic Beach, NY. There is 1 zips within Mastic Beach, NY; of that zips, the median estimated home value for homes going to auction ranges from $503,600 in 11951 to the lowest value of $298,000 in 11951.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.19% of residential properties in Mastic Beach, NY with 11951 containing 56 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Mastic Beach, NY; homes for sale in that zips, have a range of median values from $434,300 in 11951 to the lowest value of $223,400 in 11951.
    Sold Homes
    The median value for recently sold homes ranges from $481,000 in 11951 to the lowest price of $270,900 in 11951. There is 1 zips within Mastic Beach, NY. 11951 has 100 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.12% of properties in Mastic Beach, NY.

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      Guide for Mastic Beach, NY

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      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.