Current Price

$666,191

1 Month Forecast

â–² $709,952

1-Year Forecast *

â–² $746,329

5-Year Forecast *

â–² $886,926

"Is it a good time to buy homes in Lake Grove?" "Does investing in real estate in Lake Grove (New York State, Suffolk County) worth it?" According to our live Forecast System, buying a house in Lake Grove is a good short-term (1-year) investment*. The Lake Grove average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Lake Grove" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Lake Grove in New York State, Suffolk County. If you are looking for homes for sale with good flipping profit, Lake Grove can be a profitable property investment option. The median price of an average house in Lake Grove was 666,191 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lake Grove" area is 886,926 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +33.13% meaning that investing 100000 USD today may yield a profit of 33,134 USD by 2031.

Current Median Listing Price: 666,191 USD Median Listing Price Per Square Foot: 370 USD

Lake Grove Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Lake Grove (New York State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Lake Grove Price Target

Lake Grove median home price target in 12 months: $746,329* (upside of 12.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $693,697 $706,735 $693,697 $706,735
2024 $629,773 $666,191 $629,773 $666,191
2023 $577,692 $625,973 $577,692 $625,973
2022 $554,030 $577,645 $554,030 $588,457
2021 $488,861 $549,559 $488,861 $549,559
2020 $460,098 $481,616 $460,098 $481,616
2019 $436,881 $458,142 $436,881 $458,142
2018 $410,991 $435,559 $409,134 $435,559
2017 $391,710 $412,428 $391,710 $412,720
2016 $378,424 $388,738 $376,642 $388,738
2015 $374,524 $378,144 $374,524 $378,144
2014 $363,907 $373,029 $363,907 $373,029
2013 $345,154 $361,384 $345,154 $361,384
2012 $346,268 $343,660 $343,660 $346,268

Questions & Answers about the Lake Grove Housing Market Forecast

How much does an average home cost in Lake Grove today?

The value of an average home (the listing price) in Lake Grove is $666,191 USD.

What is the average price per square foot in Lake Grove?

According to Walletinvestor the median price per square foot in Lake Grove is 370 USD.

Will the median listing price of homes in Lake Grove grow / rise / go up?

Yes. The Lake Grove home prices may rise from 666,191 USD to 746,329 USD in one year.

Is it profitable to invest in Lake Grove homes?

Yes. The long-term profit potential is +12.03% in one year.

Will Lake Grove house prices fall / drop?

No. See above.

What is the predicted price of a Lake Grove home in 2030?

The predicted home sales price of a Lake Grove home in 2030 in Lake Grove is 844,940 USD.

What is the predicted price of a Lake Grove home in 2035?

The predicted home sales price of a Lake Grove home in 2035 in Lake Grove is 1,054,008 USD.

Will real estate prices decrease in Lake Grove?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Lake Grove is the 4752. largest city in the United States, located in New York State.

During the last 12 months the real estate prices in Suffolk, Lake Grove decreased, looking at the past 12 months.

According to Walletinvestor's Lake Grove real estate market research, home values will increase in the next 12 months.

Median home values decreased by 4.584% to 666,191 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 11.159% in 2021
  • 13.479% in 2022
  • 10.629% in 2023
  • 10.349% in 2024
  • 11.049% in 2025
  • 10.249% in 2026

Based on our Lake Grove real estate market research and report the predicted sales prices will increase by 211.402% in the next 10 years.

Over the last 12 months, the value of homes in Lake Grove fluctuated: increasing 4 times .

Lake Grove (New York) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Lake Grove Housing Market Forecast with Real Estate Prices for 2025
August 2025 709952 648187 771718
September 2025 713185 644719 781651
October 2025 716432 651953 780911
November 2025 719694 662838 776550
December 2025 722971 660795 785146
Lake Grove Housing Market Forecast with Real Estate Prices for 2026
January 2026 726262 673245 779279
February 2026 729569 677040 782098
March 2026 732891 671328 794453
April 2026 736227 697944 774511
May 2026 739580 699642 779517
June 2026 742947 678310 807583
July 2026 746329 707520 785139
August 2026 749727 705494 793961
September 2026 753141 681593 824689
October 2026 756570 707393 805747
November 2026 760015 706054 813976
December 2026 763066 718809 807324
Lake Grove Housing Market Forecast with Real Estate Prices for 2027
January 2027 761625 721259 801991
February 2027 760186 687208 833164
March 2027 758750 718536 798964
April 2027 757317 692187 822446
May 2027 757378 701332 813424
June 2027 759332 718328 800336
July 2027 762789 717022 808556
August 2027 766262 727949 804575
September 2027 769751 698934 840568
October 2027 773255 701343 845168
November 2027 776564 737736 815392
December 2027 780100 738755 821445
Lake Grove Housing Market Forecast with Real Estate Prices for 2028
January 2028 783652 706070 861233
February 2028 787220 736050 838389
March 2028 790804 715677 865930
April 2028 794404 731646 857162
May 2028 798021 730189 865853
June 2028 801655 739927 863382
July 2028 805304 726385 884224
August 2028 808971 768522 849420
September 2028 812654 735452 889856
October 2028 816354 737984 894724
November 2028 819157 775742 862572
December 2028 822886 778451 867322
Lake Grove Housing Market Forecast with Real Estate Prices for 2029
January 2029 826633 784475 868791
February 2029 830178 763764 896592
March 2029 833418 772578 894257
April 2029 835690 770506 900874
May 2029 839495 759743 919247
June 2029 842224 790848 893599
July 2029 844940 790019 899861
August 2029 848482 764482 932482
September 2029 851119 801754 900484
October 2029 853473 778367 928578
November 2029 855273 791127 919418
December 2029 859167 813631 904702
Lake Grove Housing Market Forecast with Real Estate Prices for 2030
January 2030 863078 794032 932125
February 2030 867008 822791 911225
March 2030 870955 798666 943245
April 2030 874921 831175 918667
May 2030 878904 794530 963279
June 2030 882906 826400 939412
July 2030 886926 825728 948124
August 2030 890964 808104 973824
September 2030 895020 823419 966622
October 2030 899095 837058 961133
November 2030 903189 848998 957380
December 2030 907301 857400 957203
Lake Grove Housing Market Forecast with Real Estate Prices for 2031
January 2031 911432 864949 957915
February 2031 915582 845082 986082
March 2031 919751 861806 977695
April 2031 923444 849568 997319
May 2031 921699 872849 970549
June 2031 919958 844521 995394
July 2031 918220 864963 971477
August 2031 916485 840417 992554
September 2031 916560 867066 966054
October 2031 918924 861032 976817
November 2031 923108 864029 982187
December 2031 927311 846635 1007987
Lake Grove Housing Market Forecast with Real Estate Prices for 2032
January 2032 931533 858873 1004193
February 2032 935774 858105 1013444
March 2032 939778 871175 1008382
April 2032 944057 864756 1023358
May 2032 948355 869642 1027069
June 2032 952673 870743 1034603
July 2032 957011 866095 1047927

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.