Rent to own Homes in North Valley Stream, NY
Located along the border of Queens, North Valley Stream is a village in Nassau County with a 2010 population of 16,628. Since New York City is just 30 minutes away, North Valley Stream is a popular location for commuters. The village's Henry Waldinger Memorial Library offers 90,000 books, CDs and DVD's, and several local parks provide ample opportunity for residents to play baseball, take a shot on goal or perfect their jump shots.
North Valley Stream, NY is a great place for affordable rent-to-own homes! With a median household income of over $124,267 and a median rent of $1,835, the North Valley Stream, NY rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in North Valley Stream, NY. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More North Valley Stream, NY Property Resources
Rent to own Homes in Cities Near North Valley Stream, NY
- Atlantic Beach
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayville
- Bellerose Terrace
- Bellmore
- Bogota
- Cedarhurst
- Eastchester
- East Garden City
- East Meadow
- East Rockaway
- Flower Hill
- Freeport
- Glen Head
- Grand View-on-Hudson
- Great Neck Estates
- Herricks
- Hewlett Harbor
- Highlands
- Lake Success
- Lawrence
- Levittown
- Locust Valley
- Malverne
- Manhasset Hills
- Massapequa Park
- Muttontown
- North Lynbrook
- North Merrick
- North Wantagh
- Orangeburg
- Pearl River
- Pelham
- Piermont
- River Edge
- Rockleigh
- Rock Ridge
- Roslyn Heights
- Salisbury
- Sleepy Hollow
- South Floral Park
- South Hempstead
- South Valley Stream
- Sparkill
- Tappan
- Tarrytown
- Tuckahoe
- Williston Park
Neighborhoods in North Valley Stream, NY
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No zip codes foundBuying a Home in North Valley Stream, NY
North Valley Stream, NY is seeing rapid growth and North Valley Stream, NY's' housing market remains not optimal with an average home price that is 103% above the 2024 national average. North Valley Stream, NY is part of Nassau county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Nassau is 1.79% which is above the national average, which is 0.99%.
Median Home Price in North Valley Stream, NY
Median Rent in North Valley Stream, NY
Top 6 Reasons to Live in North Valley Stream, NY
Capitalize on foreclosures! While the nationwide percentage of homeowners who are delinquent on their mortgages is 6.9 percent, the number is more than four times higher in North Valley Stream at 29.8 percent. Because many homes are entering foreclosure, the bank has a decided interest in moving properties as quickly as possible. As a result, you'll be able to secure a home at a below market price in neighborhoods like Downing Road and Meadow Circle.
Home values on the rise! In just the last year, home values in North Valley Stream have risen 4.7 percent to $336,400 and are expected to continue to increase 1.6 percent in the next year. Because the median sales price of North Valley Stream homes is $329,400, you can purchase a rent to own home with instant equity on North Central Avenue or Connie Lane.
A part of Hollywood history! Portions of numerous Hollywood hit films have been filmed in North Valley Stream, including Goodfellas and Desperate Endeavors. Head to the North Valley Stream Community Center to view photos from each shoot. Or, sit back and watch the silver screen at the nearby Sunrise Multiplex Cinema.
Numerous parks! Perfect for any nature lover, the Valley Stream State Park is nestled near a residential community and offers numerous walking trails, picnic areas and even courts for recreational activities, like basketball and bocce ball. Escape the heat during the summer with a visit to Arthur J. Hendrickson Park and enjoy the Olympic-size swimming pool.
Plenty to do! The North Valley Stream Chamber of Commerce hosts an annual Taste of the City Festival in July that features samples from locally owned restaurants. Additionally, the annual Festival of Lights draws in a large crowd every December for a visit with Santa and caroling.
Delicious restaurants! For the best Italian in the city, make a beeline straight for Mia's of Valley Stream and end the night with something sweet and homemade from the Little Sugar Shop.