• Thu. Feb 29th, 2024

Joseph LiBrandi

The LiBrandi Team at Keller Williams Realty

The Dynamic Real Estate Market of Amityville

May 15, 2023

By Joseph LiBrandi
May 12, 2023

Amityville, New York, a vibrant village located on Long Island, has garnered attention for its rich history, beautiful waterfront properties, and close-knit community. As an attractive suburb with a convenient proximity to New York City, Amityville has experienced a dynamic real estate market that offers a range of opportunities for buyers, sellers, and investors. In this article, we will delve into the current state of the real estate market in Amityville, highlighting key trends, notable features, and factors driving its growth.

A few notable must hit spots in Amityville is Toomy’s Tavern on the water at 214 Ketchum Ave., Amityville, NY 11701. Trust me and try the Toomy Burger & Beer for $5.

Another staple of Amityville is Reyes Deli at 80 Montauk Highway, Amity Harbor NY. Get there early because their lunch specials are off the hook and go quick.

Location and Accessibility:
Situated in Suffolk County, Amityville enjoys a prime location with easy access to both Manhattan and the Hamptons. Commuters can conveniently reach New York City via the Long Island Rail Road or by utilizing major highways such as the Southern State Parkway and Sunrise Highway. This accessibility has significantly contributed to the desirability of Amityville, making it an ideal choice for those seeking a suburban lifestyle with proximity to urban amenities.

Housing Market Overview:
The real estate market in Amityville is diverse, offering a wide array of housing options to suit different needs and budgets. Prospective buyers can find everything from charming single-family homes and townhouses to modern condominiums and waterfront estates. The village features various architectural styles, including Victorian, Colonial, and Cape Cod designs, adding to its visual appeal and character.

Current Trends and Pricing:
Amityville has witnessed a steady increase in property values over the years. As of 2023, the market remains robust, with a trend of rising home prices. The median home price in Amityville is in the upper range compared to the national average, reflecting the village’s desirability and market demand. However, it’s worth noting that prices can vary depending on factors such as property size, location, condition, and amenities.

Waterfront Properties:
One of the standout features of Amityville’s real estate market is its picturesque waterfront properties. Located along the Great South Bay and South Oyster Bay, these homes offer breathtaking views, private docks, and access to various water-based recreational activities. The allure of waterfront living attracts buyers seeking a tranquil and idyllic lifestyle in close proximity to the water.

Strong Community Spirit:
Amityville’s real estate market is underpinned by a strong sense of community. The village hosts various events and festivals throughout the year, fostering a close-knit atmosphere and creating a sense of belonging. The presence of well-regarded schools, parks, and recreational facilities further enhances the appeal of Amityville for families and individuals alike.

Investment Potential:
Amityville presents an attractive investment opportunity for real estate investors. With its proximity to New York City, waterfront properties, and a strong rental market, investors can explore options such as purchasing properties for long-term rental income or short-term vacation rentals. Additionally, ongoing revitalization efforts in the village, including the improvement of infrastructure and amenities, contribute to the potential for future appreciation.

Conclusion:
The real estate market in Amityville, NY, offers a dynamic and diverse range of properties, catering to a wide array of buyers, sellers, and investors. Its prime location, waterfront properties, strong community spirit, and convenient access to urban amenities make Amityville an enticing choice for those seeking a suburban lifestyle with a touch of coastal charm. As the market continues to evolve, Amityville remains a compelling destination for individuals looking to invest or establish their roots in a welcoming and picturesque community.

As of today, 5/12/23, there are currently 24 homes for sale in Amityville on MLS with price ranging from $300k to $1.8m. The higher priced homes are in Amity Harbor on the water so keep in mind you will need flood insurance as well.

There are also another 6 condo’s and co-ops ranging from $220-460k.

The below chart is up to date for Amityville, NY