There are currently 1 real estate properties in Oyster Bay Cove, NY, with a median automated valuation model (AVM) price of $1,963,485.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Oyster Bay Cove, 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 Oyster Bay Cove, NY, is $1,963,485.00, with the most expensive house in Oyster Bay Cove, NY, topping out at $1,963,485.00 and the cheapest home in Oyster Bay Cove, NY, clocking in at $1,963,485.00. In other words, there’s something for every potential homebuyer or savvy investor in Oyster Bay Cove, NY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oyster Bay Cove, NY, is on a rollercoaster ride. The average rent price in Oyster Bay Cove, NY, is $3,140.00. Indeed, when looking to rent in Oyster Bay Cove, NY, you can expect to pay as little as $3,140.00 or as much as $3,140.00, with the average rent median estimated to be $3,140.00. The good news is that finding an affordable and desirable property to rent in Oyster Bay Cove, 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.
Oyster Bay Cove is located in Nassau, New York, with an estimated municipal population of 2,254 residents. All of the best foreclosed homes for sale in Oyster Bay Cove are located in the following zip code areas on Foreclosure.com: 11791 11771. The estimated population per square kilometer (.62 miles) in Oyster Bay Cove is 207.
So, about how much do homes cost in Oyster Bay Cove? The most recent median value of resident-owned homes in Oyster Bay Cove is 1,459,516. An estimated 96.1 percent of households in Oyster Bay Cove own their homes, with an average family size of 3.07. The median household income in Oyster Bay Cove is 225,385, with80.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Oyster Bay Cove, the median commute time of resident workers (in minutes) is 35.7. And last, but certainly not least, are you looking for homes to rent in Oyster Bay Cove? If so, the average rent price paid by renters in Oyster Bay Cove is 2,000, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Oyster Bay Cove, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Oyster Bay Cove is 51.2, split between 50.1 percent male versus 49.9 female. The percentage of residents who report being married in Oyster Bay Cove is 71.1, with an average family size of 3.07.
The percentage of residents who report their race in Oyster Bay Cove is as follows:
| White | 85.1% |
| Black / African American | 1% |
| Asian | 10% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1.2% |
| Other | 2.7% |
Looking for family-friendly neighborhoods in and/or near Oyster Bay Cove? Or maybe you are searching for 55+ active adult communities in and/or near Oyster Bay Cove?
The percentage of residents who report their age in Oyster Bay Cove is as follows:
| Under 10 | 9.7% |
| Aged 10-19 | 10.3% |
| 20s | 7.6% |
| 30s | 7% |
| 40s | 13.4% |
| 50s | 20.6% |
| 60s | 18.7% |
| 70s | 8% |
| 80+ | 4.7% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Oyster Bay Cove with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Oyster Bay Cove.
How do you know that living in -- or moving to -- Oyster Bay Cove is right where you need to be? Perhaps you grew up in Oyster Bay Cove or already live nearby; therefore, the decision to buy a home in Oyster Bay Cove is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Oyster Bay Cove for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Oyster Bay Cove:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Oyster Bay Cove.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Oyster Bay Cove can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Oyster Bay Cove, meanwhile, can field multiple offers from more qualified buyers.
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