Bohemia Real Estate Market Reaches Price Cuts Low

The Bohemia market is starting to get more expensive. While sales continuing a three-week downturn, bringing this week's numbers down to five homes sold over the last 30 days, price reductions are now at the lowest levels they've been in three months, with nine reported this week. In comparison, Central Islip led all other nearby municipalities with 24 price reductions. The median sales price dropped to $375,000 over the latest reporting period for Bohemia, down from $420,000. Bohemia is still a definite buyer's market, due to the availability of nine months of remaining inventory, even after the uptick in sales.

If you are curious about inexpensive homes in Bohemia, start off by checking out these great listings:

$110K   $184K   $215K  

Get started right now by checking out Bohemia homes for sale or reviewing Bohemia real estate trends.

Demographic facts for Bohemia:

  • The average age of the population is 42 years old.
  • The area's health cost index score is 111.2. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (30.1%), 15-29 min (29.1%), 30-44 min (20.0%), 45-59 min (8.2%), >60 min (12.6%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Douglas Elliman Real Estate
Snapped 1 home in this area

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