Condominiums are often thought to be good entry points into homeownership, as well as an option for seniors and empty nesters who want to stay on Long Island instead of moving south.
But prices are climbing.
In September, the median condo price in Nassau was $819,500 — less than $30,000 shy of the $849,000 median price tag for a single-family home, according to OneKey MLS. In Suffolk, the median price for a condo was $510,000, the multiple listing service reported.
Finding a condo for $400,000 or less is a challenge. Of more than 5,000 condo sales reported this year by OneKey MLS, roughly 900 sold in that price range.
The Nassau communities with the most sales in this price range were Great Neck (61 sales), Freeport (45), Lynbrook (37), Rockville Centre (34) and Mineola (31).
In Suf