There are currently 29 real estate properties in Garden City Park, NY, with a median automated valuation model (AVM) price of $731,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Garden City Park, 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 Garden City Park, NY, is $759,545.00, with the most expensive house in Garden City Park, NY, topping out at $999,133.00 and the cheapest home in Garden City Park, NY, clocking in at $553,887.00. In other words, there’s something for every potential homebuyer or savvy investor in Garden City Park, NY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Garden City Park, NY, is on a rollercoaster ride. The average rent price in Garden City Park, NY, is $2,981.00. Indeed, when looking to rent in Garden City Park, NY, you can expect to pay as little as $1,940.00 or as much as $3,880.00, with the average rent median estimated to be $2,990.00. The good news is that finding an affordable and desirable property to rent in Garden City Park, 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.
Garden City Park is located in Nassau, New York, with an estimated municipal population of 8,335 residents. All of the best foreclosed homes for sale in Garden City Park are located in the following zip code areas on Foreclosure.com: 11040. The estimated population per square kilometer (.62 miles) in Garden City Park is 3,263.
So, about how much do homes cost in Garden City Park? The most recent median value of resident-owned homes in Garden City Park is 635,860. An estimated 86.9 percent of households in Garden City Park own their homes, with an average family size of 3.57. The median household income in Garden City Park is 108,894, with55.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Garden City Park, the median commute time of resident workers (in minutes) is 38.1. And last, but certainly not least, are you looking for homes to rent in Garden City Park? If so, the average rent price paid by renters in Garden City Park is 2,006, 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 Garden City Park, 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 Garden City Park is 43.4, split between 46.1 percent male versus 53.9 female. The percentage of residents who report being married in Garden City Park is 63.1, with an average family size of 3.57.
The percentage of residents who report their race in Garden City Park is as follows:
| White | 42.7% |
| Black / African American | 4.2% |
| Asian | 38.6% |
| American Indian / Alaskan Native | 0.5% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.4% |
| Other | 11.5% |
Looking for family-friendly neighborhoods in and/or near Garden City Park? Or maybe you are searching for 55+ active adult communities in and/or near Garden City Park?
The percentage of residents who report their age in Garden City Park is as follows:
| Under 10 | 11.6% |
| Aged 10-19 | 10.8% |
| 20s | 9.3% |
| 30s | 13.3% |
| 40s | 14.4% |
| 50s | 12.8% |
| 60s | 11.9% |
| 70s | 8.2% |
| 80+ | 7.7% |
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 Garden City Park with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Garden City Park.
How do you know that living in -- or moving to -- Garden City Park is right where you need to be? Perhaps you grew up in Garden City Park or already live nearby; therefore, the decision to buy a home in Garden City Park is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Garden City Park 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 Garden City Park:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Garden City Park.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Garden City Park can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Garden City Park, meanwhile, can field multiple offers from more qualified buyers.
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