There are currently 16,584 real estate properties in Valley Stream, NY, with a median automated valuation model (AVM) price of $655,154.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Valley Stream, 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 Valley Stream, NY, is $692,236.00, with the most expensive house in Valley Stream, NY, topping out at $3,887,700.00 and the cheapest home in Valley Stream, NY, clocking in at $13,994.00. In other words, there’s something for every potential homebuyer or savvy investor in Valley Stream, NY!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Valley Stream, NY, is on a rollercoaster ride. The average rent price in Valley Stream, NY, is $2,585.00. Indeed, when looking to rent in Valley Stream, NY, you can expect to pay as little as $1,230.00 or as much as $7,180.00, with the average rent median estimated to be $2,490.00. The good news is that finding an affordable and desirable property to rent in Valley Stream, 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.
Valley Stream is located in Nassau, New York, with an estimated municipal population of 37,431 residents. All of the best foreclosed homes for sale in Valley Stream are located in the following zip code areas on Foreclosure.com: 11580 11581 11582. The estimated population per square kilometer (.62 miles) in Valley Stream is 4,154.
So, about how much do homes cost in Valley Stream? The most recent median value of resident-owned homes in Valley Stream is 425,377. An estimated 83.6 percent of households in Valley Stream own their homes, with an average family size of 3.5. The median household income in Valley Stream is 110,189, with55.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Valley Stream, the median commute time of resident workers (in minutes) is 42.1. And last, but certainly not least, are you looking for homes to rent in Valley Stream? If so, the average rent price paid by renters in Valley Stream is 1,728, 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 Valley Stream, 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 Valley Stream is 41.2, split between 48.7 percent male versus 51.3 female. The percentage of residents who report being married in Valley Stream is 52.1, with an average family size of 3.5.
The percentage of residents who report their race in Valley Stream is as follows:
| White | 39.5% |
| Black / African American | 26.9% |
| Asian | 14.4% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 5.4% |
| Other | 13.7% |
Looking for family-friendly neighborhoods in and/or near Valley Stream? Or maybe you are searching for 55+ active adult communities in and/or near Valley Stream?
The percentage of residents who report their age in Valley Stream is as follows:
| Under 10 | 10.8% |
| Aged 10-19 | 13.2% |
| 20s | 12.8% |
| 30s | 11.7% |
| 40s | 13.5% |
| 50s | 16.2% |
| 60s | 12.6% |
| 70s | 5.9% |
| 80+ | 3.3% |
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 Valley Stream with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Valley Stream.
How do you know that living in -- or moving to -- Valley Stream is right where you need to be? Perhaps you grew up in Valley Stream or already live nearby; therefore, the decision to buy a home in Valley Stream is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Valley Stream 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 Valley Stream:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Valley Stream.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Valley Stream can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Valley Stream, meanwhile, can field multiple offers from more qualified buyers.
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