Why Live in Lake Grove
Lake Grove, NY, located in the Town of Brookhaven, has evolved from a rural area with vacation bungalows to a close-knit village with a mix of historical and modern homes. The village, incorporated in 1968, provides residents with greater control over community bylaws, including land use and appearance. Home styles range from cozy one-bedroom bungalows to expansive farm-ranch houses, with prices typically between $500,000 to $700,000. The area is served by three highly rated school districts: Sachem Central, Middle Country Central, and Three Village Central, with high schools like Sachem High School North and Ward Melville Senior High School receiving top marks. For things to do, Lake Ronkonkoma County Park offers a beach and fishing, while the annual Summer Festival at Memorial Park features live music and carnival games. The Smith Haven Mall, with over 100 retail shops and dining options, including Yume Ramen & Cake, caters to indoor activities. Grocery shopping is convenient with stores like Whole Foods Market, Trader Joe’s, and Lidl. Although incorporating as a village has shifted some maintenance costs to residents, it has also allowed for stricter regulations on rentals and accessory apartments, maintaining the community's appeal and affordability.
Home Trends in Lake Grove, NY
On average, homes in Lake Grove, NY sell after 66 days on the market compared to the national average of 69 days. The median sale price for homes in Lake Grove, NY over the last 12 months is $650,000, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$650,000
Median Single Family Sale Price
$650,000
Median Townhouse Sale Price
$780,000
Median 2 Bedroom Sale Price
$660,000
Average Price Per Sq Ft
$419
Number of Homes for Sale
3
Last 12 months Home Sales
58
Median List Price
$649,999
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%