There are currently 4,017 real estate properties in Miller Place, NY, with a median automated valuation model (AVM) price of $522,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Miller Place, 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 Miller Place, NY, is $536,164.00, with the most expensive house in Miller Place, NY, topping out at $1,626,600.00 and the cheapest home in Miller Place, NY, clocking in at $182,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Miller Place, NY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Miller Place, NY, is on a rollercoaster ride. The average rent price in Miller Place, NY, is $2,468.00. Indeed, when looking to rent in Miller Place, NY, you can expect to pay as little as $1,600.00 or as much as $5,000.00, with the average rent median estimated to be $2,450.00. The good news is that finding an affordable and desirable property to rent in Miller Place, 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 Miller Place, NY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Miller Place, NY and much more. Save thousands at closing with home foreclosure listings in Miller Place, NY — up to 75% off market value!
Miller Place is located in Suffolk, New York, with an estimated municipal population of 12,016 residents. All of the best foreclosed homes for sale in Miller Place are located in the following zip code areas on Foreclosure.com: 11764. The estimated population per square kilometer (.62 miles) in Miller Place is 708.
So, about how much do homes cost in Miller Place? The most recent median value of resident-owned homes in Miller Place is 442,586. An estimated 92 percent of households in Miller Place own their homes, with an average family size of 3.46. The median household income in Miller Place is 130,341, with62.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Miller Place, the median commute time of resident workers (in minutes) is 39.7. And last, but certainly not least, are you looking for homes to rent in Miller Place? If so, the average rent price paid by renters in Miller Place is 1,812, 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 Miller Place, 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 Miller Place is 41, split between 51.4 percent male versus 48.6 female. The percentage of residents who report being married in Miller Place is 58.4, with an average family size of 3.46.
The percentage of residents who report their race in Miller Place is as follows:
|Black / African American||0.3%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Miller Place? Or maybe you are searching for 55+ active adult communities in and/or near Miller Place?
The percentage of residents who report their age in Miller Place 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 Miller Place with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Miller Place.
How do you know that living in -- or moving to -- Miller Place is right where you need to be? Perhaps you grew up in Miller Place or already live nearby; therefore, the decision to buy a home in Miller Place is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Miller Place 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 Miller Place:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Miller Place.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Miller Place can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Miller Place, meanwhile, can field multiple offers from more qualified buyers.