There are currently 732 real estate properties in MORICHES, NY, with a median automated valuation model (AVM) price of $372,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in MORICHES, 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 MORICHES, NY, is $417,114.00, with the most expensive house in MORICHES, NY, topping out at $2,363,000.00 and the cheapest home in MORICHES, NY, clocking in at $205,000.00. In other words, there’s something for every potential homebuyer or savvy investor in MORICHES, NY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in MORICHES, NY, is on a rollercoaster ride. The average rent price in MORICHES, NY, is $2,128.00. Indeed, when looking to rent in MORICHES, NY, you can expect to pay as little as $1,620.00 or as much as $4,000.00, with the average rent median estimated to be $2,020.00. The good news is that finding an affordable and desirable property to rent in MORICHES, 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.