Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Locust Valley area can be challenging. Home prices in Locust Valley are now at a median cost of $661,811, higher than the New York average of $481,023.
The average cost of rent is $1,977/mo in Locust Valley, primarily driven by the current value of real estate in the Locust Valley area. While nearly 29.70% of residents own their homes outright in Locust Valley, 21.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Locust Valley is $12,866 per month. Households that rent pay about 15.36% of their income on rent here. Locust Valley's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Lattingtown, NY: higher priced homes
- Matinecock, NY: higher priced homes
- Mill Neck, NY: higher priced homes
- Glen Cove, NY: less expensive homes
- Bayville, NY: equally priced homes
- Upper Brookville, NY: higher priced homes
- Old Brookville, NY: higher priced homes
- Oyster Bay, NY: less expensive homes
- Sea Cliff, NY: higher priced homes
- Glen Head, NY: equally priced homes
Cities with Similar Populations
- Roselawn, IN: less expensive homes
- Rio Bravo, TX: less expensive homes
- Rocky Ford, CO: less expensive homes
- Putney, VT: less expensive homes
- Russiaville, IN: less expensive homes
- Russell, KS: less expensive homes
- Rushville, IL: less expensive homes
- Byron, MI: less expensive homes
- Nixon, TX: less expensive homes
- Barre, MA: less expensive homes
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