There are currently 1,222 real estate properties in Brookhaven, NY, with a median automated valuation model (AVM) price of $551,750.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Brookhaven, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Brookhaven, NY, is $676,548.00, with the most expensive house in Brookhaven, NY, topping out at $9,610,440.00 and the cheapest home in Brookhaven, NY, clocking in at $16,948.00. In other words, there’s something for every potential homebuyer or savvy investor in Brookhaven, NY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Brookhaven, NY, is on a rollercoaster ride. The average rent price in Brookhaven, NY, is $2,448.00. Indeed, when looking to rent in Brookhaven, NY, you can expect to pay as little as $1,530.00 or as much as $5,000.00, with the average rent median estimated to be $2,440.00. The good news is that finding an affordable and desirable property to rent in Brookhaven, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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