A short sale allows a homeowner to sell for less than what's owed, with lender approval. For a full breakdown of the process, see our Short Sale Guide.
Nassau County's short sale segment covers a wide range of towns and price points this month, from starter ranches under $600,000 to a gated luxury community listing over $1.1 million. This report breaks down what's currently available in Nassau County's short sale and broader bank-related pipeline, where that inventory is concentrated, what kinds of homes are showing up, and ten short sale listings currently available through Educators Realty.
What's Available Right Now in Nassau County's Distressed-Property Pipeline
Nassau County's current short sale, pre-foreclosure, and bank-owned pipeline (drawn from this month's countywide foreclosure-related MLS data) shows 17 active listings, 45 pending sales, and 40 recently closed transactions. With more pending and closed activity than active listings, this segment is clearly moving, not sitting still.
Active listings in this segment currently range from $499,000 (a 2-bedroom in Bayville) up to $1,180,000 (a gated-community home in Woodbury), with a median active price of $610,000. Pending sales skew a bit lower, with a median of $499,900 and a wide range from $199,900 up to $1,350,000, reflecting everything from small starter homes to larger properties already working through lender approval. Recently closed sales in this pipeline ranged from $310,000 up to $2,100,000, with a median closed price of $660,000, excluding one clear data-entry outlier in the source report that we did not include in this range.
Towns Where This Month's Inventory Is Concentrated
Looking at active and pending properties together (the homes still working their way through the process right now), a handful of towns show up more than once in this month's data:
| Town | Active + Pending Listings |
|---|---|
| Hempstead | 7 |
| Freeport | 5 |
| North Baldwin | 4 |
| Oceanside, Lynbrook, West Hempstead, Elmont, Westbury, Glen Cove | 3 each |
On the closed side, Long Beach led with 3 closed transactions this period, with Bellmore, Freeport, Seaford, West Hempstead, Massapequa, Levittown, Lynbrook, and Hempstead each showing 2 closings — a broad spread across Nassau's south shore and central communities rather than concentration in any single area.
Property Styles and Features Showing Up in This Segment
Of the 102 properties tracked in this month's short sale and bank-related pipeline, the large majority — 98 — are single-family homes, with a small number of condos (3) and one manufactured home rounding out the mix. Nassau's short sale inventory specifically (the live listings featured below) reflects a similarly wide range of styles and conditions:
- Ranches and expanded ranches — several listings, including homes in Westbury and Massapequa, are classic Long Island ranch-style layouts, some already updated with granite counters and central air, others sold as opportunities to renovate.
- Gutted or renovation-ready properties — a Bellmore listing on a 100x100 lot is described as basically gutted inside, a common short sale scenario for buyers looking to fully rebuild a home's interior.
- A gated luxury community listing — a Woodbury property inside the 24-hour gated Eagle Chase community shows that Nassau's short sale segment isn't limited to entry-level homes.
- Condo inventory — an East Rockaway unit at Marina Pointe, explicitly marketed as subject to bank approval, is a rare short sale opportunity in the condo segment specifically.
- Listings with explicit short sale or foreclosure language — several descriptions directly reference "Approved Short Sale," "Short Sale Subject to Bank Approval," or a property "currently in Foreclosure and is a Short Sale," giving buyers a clear read on where each deal stands in the process.
What This Means If You're Buying or Selling in This Segment
If you're watching this segment as a buyer, note that some Nassau short sales in this month's inventory are already marked "Approved Short Sale," which can mean a faster path to closing than a listing still awaiting initial bank review — but as we cover in our Short Sale Guide, it's still worth confirming the current status directly before assuming any short sale will move quickly. If you're a homeowner considering a short sale in Nassau County, this month's pricing and town-level data can help set realistic expectations for both timeline and eventual sale price.
Featured Short Sales in Nassau County
1023 Newbridge Road
Bellmore, NY
$749,000
4 Beds | 2 Baths · MLS #1036666
Great Investment - Interior basically gutted and ready to build your own style home - 100 x 100 lot - Conveniently located between Jerusalem and N. Jerusalem Avenues, Sou...
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187 Urban Avenue
Westbury, NY
$525,000
3 Beds | 1 Bath · MLS #1031983
Welcome to 187 Urban Avenue, a wonderful opportunity to own a 3-bedroom ranch in the heart of Westbury. Set on a spacious 7,500 sq. ft. lot, this home features a bright l...
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159 Church Street
Malverne, NY
$675,000
3 Beds | 2 Baths · MLS #1026721
Welcome to this charming single-family home in the heart of Malverne, offering the perfect blend of comfort, space, and convenience. This well-maintained residence featur...
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369 Maple Avenue
East Meadow, NY
$689,999
2 Beds | 1 Bath · MLS #1023000
Approved Short Sale. Welcome to this charming and well-maintained 2-bedroom ranch in the heart of East Meadow! This home offers an eat-in kitchen with gas cooking, a beaut...
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36 Elaine Drive
Oceanside, NY
$850,000
5 Beds | 3 Baths · MLS #1011056
This Custom Built High Ranch, named Lanai High Ranch, for it's unique 3rd level Primary Suite. Complete with vaulted ceilings, walk in closets and full bath. The main lev...
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169 Bixley Heath
Lynbrook, NY
$750,000
3 Beds | 2 Baths · MLS #807028
Charming home featuring a work-in kitchen, foyer, formal dining room, and living room with fireplace. Offers 3 bedrooms, 1.5 baths, a finished basement, walk-up attic, pr...
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71 Eagle Chase
Woodbury, NY
$1,180,000
3 Beds | 3 Baths · MLS #991676
Welcome to 71 Eagle Chase, a beautiful home in the prestigious 24-hour gated Eagle Chase community, featuring 3 bedrooms and 2.5 bathrooms. Enter through grand double doo...
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214 Marina Pointe Drive Unit #214
E. Rockaway, NY
$559,000
2 Beds | 2 Baths · MLS #974017
Short sale subject to bank approval. Welcome to this beautiful 2-bedroom, 2-bathroom condo at Marina Pointe. This rare, model end unit gem offers the perfect blend of ...
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71 Park Lane
Massapequa, NY
$689,990
3 Beds | 2 Baths · MLS #854398
Expanded Ranch, Kitchen w/Granite Counters & Skylight, updated Baths, Central Air, Full Basement, Family Room, Detached Garage, Paver Patio.
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116-19 240th Street
Elmont, NY
$550,000
3 Beds | 2 Baths · MLS #843466
The Property is currently in Foreclosure and is a Short Sale.
View Property DetailsListings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 5, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Talk to a Local Short Sale Resource
Whether you're evaluating a short sale purchase in Nassau County or considering listing your own home as a short sale, Educators Realty works with buyers and sellers throughout Nassau and Suffolk Counties on exactly these kinds of transactions. Reach out to ask about any of the properties above, schedule a private showing, request additional short sale listings, or talk through your options if you're facing a potential short sale of your own.
Educators Realty
Phone: (516) 517-2400
Email: chris@educatorsrealty.com
Web: educatorsrealty.com
See all Nassau County Short Sales Here
This article is for general informational purposes and is not legal, tax, or financial advice. Market statistics referenced above reflect countywide foreclosure-related MLS data as of September 5, 2026, and are subject to change. Consult a licensed attorney, accountant, or financial advisor about your specific situation. Educators Realty is committed to fair housing and equal opportunity for all — services are provided without regard to race, color, national origin, religion, sex, familial status, disability, or any other protected class under New York State and Federal Fair Housing law.