There are currently 6,787 real estate properties in Hampton Bays, NY, with a median automated valuation model (AVM) price of $676,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hampton Bays, 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 Hampton Bays, NY, is $769,543.00, with the most expensive house in Hampton Bays, NY, topping out at $8,387,379.00 and the cheapest home in Hampton Bays, NY, clocking in at $212,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Hampton Bays, NY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hampton Bays, NY, is on a rollercoaster ride. The average rent price in Hampton Bays, NY, is $2,882.00. Indeed, when looking to rent in Hampton Bays, NY, you can expect to pay as little as $1,440.00 or as much as $6,400.00, with the average rent median estimated to be $2,830.00. The good news is that finding an affordable and desirable property to rent in Hampton Bays, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Hampton Bays, NY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Hampton Bays, NY and much more. Save thousands at closing with home foreclosure listings in Hampton Bays, NY — up to 75% off market value!
Hampton Bays is located in Suffolk, New York, with an estimated municipal population of 14,848 residents. All of the best foreclosed homes for sale in Hampton Bays are located in the following zip code areas on Foreclosure.com: 11946. The estimated population per square kilometer (.62 miles) in Hampton Bays is 446.
So, about how much do homes cost in Hampton Bays? The most recent median value of resident-owned homes in Hampton Bays is 489,710. An estimated 70.4 percent of households in Hampton Bays own their homes, with an average family size of 3.05. The median household income in Hampton Bays is 81,250, with40.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hampton Bays, the median commute time of resident workers (in minutes) is 30.5. And last, but certainly not least, are you looking for homes to rent in Hampton Bays? If so, the average rent price paid by renters in Hampton Bays is 1,777, 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 Hampton Bays, 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 Hampton Bays is 44.1, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Hampton Bays is 50.6, with an average family size of 3.05.
The percentage of residents who report their race in Hampton Bays is as follows:
|Black / African American||1.1%|
|American Indian / Alaskan Native||0.3%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Hampton Bays? Or maybe you are searching for 55+ active adult communities in and/or near Hampton Bays?
The percentage of residents who report their age in Hampton Bays is as follows:
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 Hampton Bays with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hampton Bays.
How do you know that living in -- or moving to -- Hampton Bays is right where you need to be? Perhaps you grew up in Hampton Bays or already live nearby; therefore, the decision to buy a home in Hampton Bays is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hampton Bays 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 Hampton Bays:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hampton Bays.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hampton Bays can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hampton Bays, meanwhile, can field multiple offers from more qualified buyers.
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