Far Rockaway, NY Real Estate & Property Data

Far Rockaway Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Far Rockaway, NY. ATTOM’s Far Rockaway real estate data is updated daily, and current market trends show that in Far Rockaway, NY a total of 322 residential properties have sold over the past year. With a median home price of $550,000 in Far Rockaway and a total of 8 foreclosures. Get detailed property data for Far Rockaway, NY instantly. ATTOM is your one-stop-shop for the Far Rockaway property reports and real estate data you need in Far Rockaway, NY.

Far Rockaway Real Estate Market Trends
Total Residential Properties 9,605
Total Commercial Properties 800
Avg. Home Age (Single Family Home) 77 Years
Avg. Square Feet (Single Family Home) 1,765
Total 2024 Residential Sales (year-to-date) 58
% of Homes Seriously Underwater (Q2 2024) 1.3%
Total 2023 Residential Sales 293
% of Equity Rich Homes (Q2 2024) 42.6%
Effective 2023 Property Tax 0.68%
Total Foreclosure Filings (year-to-date) 15
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Far Rockaway, NY Real Estate Overview

There were 322 residential properties sold in the past year in Far Rockaway, NY. The median home value in Far Rockaway, NY is $615,670. There are a total of 9,605 residential properties in the Far Rockaway.

Median Sales Price i
$550,000
(Feb 2024)
-19.1%
year-over-year
y-o-y
  • February '24 Feb '24 $550,000
  • January '24 Jan '24 $610,000
  • December '23 Dec '23 $560,000
  • November '23 Nov '23 $640,000
  • October '23 Oct '23 $564,500
  • September '23 Sep '23 $630,000
  • August '23 Aug '23 $595,000
  • July '23 Jul '23 $650,000
  • June '23 Jun '23 $595,000
  • May '23 May '23 $430,000
  • April '23 Apr '23 $520,000
  • March '23 Mar '23 $630,000
Median Down Payment i
$14,462
(Feb 2024)
-90.5%
year-over-year
y-o-y
  • February '24 Feb '24 $14,462
  • January '24 Jan '24 $47,325
  • December '23 Dec '23 $46,000
  • November '23 Nov '23 $25,455
  • October '23 Oct '23 $71,500
  • September '23 Sep '23 $126,000
  • August '23 Aug '23 $50,000
  • July '23 Jul '23 $32,500
  • June '23 Jun '23 $114,000
  • May '23 May '23 $21,500
  • April '23 Apr '23 $128,000
  • March '23 Mar '23 $53,078
Number of Homes Sold i
31
(Feb 2024)
+40.9%
year-over-year
y-o-y
  • February '24 Feb '24 31
  • January '24 Jan '24 27
  • December '23 Dec '23 20
  • November '23 Nov '23 21
  • October '23 Oct '23 25
  • September '23 Sep '23 31
  • August '23 Aug '23 34
  • July '23 Jul '23 21
  • June '23 Jun '23 26
  • May '23 May '23 24
  • April '23 Apr '23 20
  • March '23 Mar '23 20
Number of Purchase Loans i
8
(Feb 2024)
-20%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 11
  • December '23 Dec '23 6
  • November '23 Nov '23 9
  • October '23 Oct '23 7
  • September '23 Sep '23 12
  • August '23 Aug '23 13
  • July '23 Jul '23 7
  • June '23 Jun '23 9
  • May '23 May '23 2
  • April '23 Apr '23 5
  • March '23 Mar '23 4
Number of REFI Loans i
10
(Feb 2024)
+233.3%
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 12
  • December '23 Dec '23 6
  • November '23 Nov '23 8
  • October '23 Oct '23 10
  • September '23 Sep '23 4
  • August '23 Aug '23 9
  • July '23 Jul '23 10
  • June '23 Jun '23 13
  • May '23 May '23 25
  • April '23 Apr '23 13
  • March '23 Mar '23 7

Far Rockaway, NY Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Far Rockaway, NY Foreclosure Activity

There were a total of 8 Far Rockaway, NY properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 4 Far Rockaway, NY properties and repossessed 2 Far Rockaway, NY properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
8
(Feb 2024)
-20%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 7
  • December '23 Dec '23 9
  • November '23 Nov '23 6
  • October '23 Oct '23 7
  • September '23 Sep '23 7
  • August '23 Aug '23 11
  • July '23 Jul '23 8
  • June '23 Jun '23 12
  • May '23 May '23 8
  • April '23 Apr '23 6
  • March '23 Mar '23 9
Foreclosure Starts i
4
(Feb 2024)
-20%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 5
  • December '23 Dec '23 8
  • November '23 Nov '23 4
  • October '23 Oct '23 6
  • September '23 Sep '23 5
  • August '23 Aug '23 11
  • July '23 Jul '23 7
  • June '23 Jun '23 12
  • May '23 May '23 7
  • April '23 Apr '23 4
  • March '23 Mar '23 6
Completed Foreclosures (REOs) i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 3
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