Home prices
Locust Valley's median home cost is $595,900. In comparison to its surrounding areas it is roughly $547,660 (47%) lower.In comparison to the nation as a whole it is approximately $378,400 (173%) higher, and is about $10,100 (1%) lower compared to the city of New York.
Rents
The median monthly rent in Locust Valley is $1,944. In comparison to its surrounding areas this is approximately $164 (7%) lower.Compared to the United States as a whole it is approximately $882 (83%) higher, and it is approximately $501 (34%) higher in comparison to the city of New York.
Nearby places
Matinecock
Matinecock is Locust Valley's neighbor to the south. The housing prices there are a lot more expensive. The value of the median home in Matinecock is $2,000,001, which comes out to $1,404,101 (70%) higher than Locust Valley. Rents there are somewhat less expensive. In Matinecock the median monthly rent is $1,475, which works out to $469 (31%) lower than Locust Valley.
Lattingtown
Lattingtown is Locust Valley's neighbor to the north. Its housing prices are a lot more expensive. The median home cost in Lattingtown is $1,149,700, which works out to $553,800 (48%) higher than Locust Valley. Rent there is a little more expensive. In Lattingtown the median rent is $2,800 per month, which is $856 (30%) higher than Locust Valley.
Mill Neck
Mill Neck is Locust Valley's neighbor to the east. The real estate prices there are a lot more expensive. The median home in Mill Neck is valued at $1,500,000, which comes out to $904,100 (60%) higher than Locust Valley. Its rents are a bit more expensive. Mill Neck's median rent is $2,750 per month, which is $806 (29%) higher than Locust Valley.
Glen Cove
Glen Cove is Locust Valley's neighbor to the west. The housing prices there are a little less expensive. Glen Cove's median home price is $508,300, which works out to $87,600 (17%) lower than Locust Valley. Rent there is somewhat less expensive. The median monthly rent in Glen Cove is $1,802, which is $142 (7%) lower than Locust Valley.
Bayville
Bayville is roughly 2 miles northeast from Locust Valley. Its real estate prices are a little less expensive. Bayville's median home cost is $559,800, which is $36,100 (6%) lower than Locust Valley. Rent there is a bit less expensive. The median monthly rent in Bayville is $1,712, which comes out to $232 (13%) lower than Locust Valley.