Long Island Real Estate Market Predictions 2024. Crystal balls might be blurry, but we can still squint towards 2024 and make some. After a year in which mortgage rates hit highs not seen in 23 years, buyers in 2024 are expected to get a little relief.
The current median sale price for long island is $600k; December 26, 2023 / 6:31 am est / cbs new york.
With Home Prices Holding Onto Their Gains.
Here are zillow’s predictions for the housing market in 2024:
The Island Real Estate Market:
As interest rates continue to decline, housing affordability will improve,.
Charting The Course For Us And Long Island Housing.
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According To Redfin, The Median Sale Price Of A Home In Long Island Stands At $645K, Reflecting A Substantial Increase Of 12.2% Compared To The Previous Year.
Yet 37.3% of homes sold for more than the.
The Current Median Sale Price For Long Island Is $600K;