Lloyd Harbor, NY: A Prestigious Coastal Community with a Luxurious Real Estate Market

Nestled on the North Shore of Long Island, Lloyd Harbor offers an exclusive blend of coastal living and suburban elegance. With its high-end real estate market and picturesque setting, Lloyd Harbor has been attracting attention from affluent homebuyers and investors. Let’s explore what makes Lloyd Harbor a coveted place to call home in 2024.

Lloyd Harbor’s Luxurious Real Estate Landscape

According to Rocket Homes’ latest data, the Lloyd Harbor housing market is showing strong signs of growth and exclusivity.

Key real estate trends in Lloyd Harbor include:

• Median sold price: $1,992,500 (July 2024), up 12.9% from last year
• Median price per square foot: $435
• Average time on market: 72 days, up from 24 days last year

Market Competitiveness

The Lloyd Harbor market is characterized by:

• 71.4% of homes sold below asking price in July 2024
• 5 homes sold under asking, 0 at asking, and 2 over asking
• Total of 7 homes sold or pending in July 2024, up 40% month-over-month

Housing Supply in Lloyd Harbor

The real estate inventory in Lloyd Harbor shows:

• 36 homes for sale in July 2024, a 2.9% increase from June
• Majority of available homes have 5+ bedrooms (25 out of 36)
• Limited inventory in smaller homes, with only 1 2-bedroom and 2 3-bedroom homes available

Living in Lloyd Harbor: Community and Education

While specific information about Lloyd Harbor’s community activities wasn’t provided in the search results, we can infer that as an affluent coastal community, it likely offers:

• Access to private beaches and marinas
• Exclusive country clubs and golf courses
• High-end shopping and dining experiences in nearby areas
• Community events catering to its upscale residents

Schools

Lloyd Harbor is likely served by highly-rated school districts, given its prestigious status. However, specific school information was not provided in the search results.

Looking Ahead: Lloyd Harbor’s Future

As we look to the future, Lloyd Harbor seems poised to maintain its status as an exclusive and desirable community. Its high-end housing market and coastal location make it an attractive option for affluent residents seeking privacy and luxury.

However, potential residents and investors should be aware of some considerations:

• The high-end market may be subject to economic fluctuations affecting luxury real estate
• The significant increase in days on market (from 24 to 72) suggests a potential slowdown in sales velocity
• Limited inventory in smaller homes may pose challenges for those seeking more modest properties in the area

Conclusion

Lloyd Harbor offers a prestigious blend of coastal living with a luxurious real estate market and exclusive community amenities. Whether you’re considering a move to Lloyd Harbor or looking to invest in high-end properties, this Long Island village provides a balance of privacy, natural beauty, and upscale suburban living.

From its growing real estate values to its prime location on Long Island’s North Shore, Lloyd Harbor remains a top destination for those seeking an exclusive coastal suburban experience. As it continues to evolve, Lloyd Harbor may offer increasing opportunities for both residents and investors looking for luxury properties in a serene, upscale setting.