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.
Short sale inventory in Suffolk County continues to move at its own pace, shaped as much by lender review timelines as by buyer demand. This month's report walks through what's currently on the market in Suffolk County's short sale and broader bank-related segment, where that inventory is concentrated, what kinds of homes are showing up, and nine short sale listings currently available through Educators Realty.
What's Available Right Now in Suffolk County's Distressed-Property Pipeline
Suffolk County's current short sale, pre-foreclosure, and bank-owned pipeline (drawn from this month's countywide foreclosure-related MLS data) shows 13 active listings, 35 pending sales, and 77 recently closed transactions. That's a healthy amount of movement through the pipeline, with more than three-quarters of tracked properties having already reached pending or closed status.
Active listings in this segment currently range from $290,000 (a 3-bedroom in Mastic) up to $1,900,000 (a large post-modern home in East Quogue), with a median active price of $650,000. Pending sales are priced lower on average — median $399,000 — which tracks with more entry-level and mid-range homes typically clearing lender approval faster than higher-priced properties. Recently closed sales in this pipeline ranged from $85,000 up to $1,115,000, with a median closed price of $468,000.
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 few towns show up more than once in this month's data:
| Town | Active + Pending Listings |
|---|---|
| Brentwood | 5 |
| Lindenhurst | 4 |
| Bay Shore | 3 |
| Wading River, Coram, Wheatley Heights, Mastic, Huntington, Patchogue, Riverhead, Central Islip, Shirley | 2 each |
On the closed side, Coram led with 5 closed transactions this period, followed by Centereach, Bellport, Bay Shore, and Shirley with 4 closings each — suggesting these central and south-shore Suffolk communities have seen the most completed activity in this segment recently.
Property Styles and Features Showing Up in This Segment
Of the 125 properties tracked in this month's short sale and bank-related pipeline, the overwhelming majority — 117 — are single-family homes, with a smaller number of condos (6), one mobile home, and one co-op unit rounding out the mix. Suffolk's short sale inventory specifically (the live listings featured below) reflects that same single-family concentration, spanning a wide range of conditions and price points:
- Fixer-uppers and cash-only deals — several listings are explicitly marketed as needing work, cash-only, or "as-is," which is typical for short sales where the seller isn't in a position to make repairs.
- A wide price spread — from a $359,000 short sale in Wheatley Heights up to a $1.9 million Hamptons-area property in East Quogue, this segment isn't limited to entry-level homes.
- Tenant-occupied and limited-access properties — a few listings note that the home is currently occupied or that interior access isn't yet available, which is common in short sale and bank-related transactions and something buyers should factor into their offer strategy.
- At least one auction-track property — one Lake Grove listing is headed to auction, a reminder that "short sale" inventory sometimes overlaps with other disposition paths like auction sales.
What This Means If You're Buying or Selling in This Segment
If you're watching this segment as a buyer, patience and cash-readiness matter — many of these homes move only as fast as lender approval allows, and (as we cover in our Short Sale Guide) it's worth planning for the possibility that a bank denies or delays a deal after you're already in contract. If you're a homeowner considering a short sale, this month's median pricing by town and status can help set realistic expectations for both timeline and eventual sale price.
Featured Short Sales in Suffolk County
27 Whitmore Lane
Coram, NY
$549,000
4 Beds | 3 Baths · MLS #1043896
Short Sale; subject to Bank Approval. Cash Deal Only. Beautiful single-family house featuring 4 bed, 2.5 bath. Situated in the Tanglewood section of Coram. Do Not Disturb...
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59 Hidden Pheasant Path
Wading River, NY
$749,000
4 Beds | 4 Baths · MLS #1042943
Victorian Charm with Endless Potential in Wading River! Welcome to 59 Hidden Pheasant Path, a stunning Victorian-style home offering space, character, and incredible pot...
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423 Elmwood Street
Islip Terrace, NY
$400,000
4 Beds | 3 Baths · MLS #1042180
This 4 Bedroom, 2 1/2 bath home needs TLC. It features a Living Room, Eat-In Kitchen and a formal dining room. The full, partially finished basement offers plenty of stor...
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11 Frost Valley Drive
E. Patchogue, NY
$599,000
3 Beds | 2 Baths · MLS #1023843
Welcome to this beautiful 3 bedroom, 2 bathroom home located at 11 Frost Valley Dr. in East Patchogue, New York! This stunning property offers the perfect blend of comfor...
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21 Rustic Road
Miller Place, NY
$699,000
5 Beds | 5 Baths · MLS #1021350
Colonial located in the desirable Miller Place community, offering 5 bedrooms and 5 full bathrooms. May need some love.
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10 Kerrie Court
Southampton, NY
$1,699,000
3 Beds | 3 Baths · MLS #1019081
Property is occupied. Please do not disturb the tenant. The property is being sold as-is, subject to the bank's approval. Interior access is not available at this time. D...
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155 Chardonnay Drive
E. Quogue, NY
$1,900,000
6 Beds | 7 Baths · MLS #998948
HANDYMAN SPECIAL!! Southampton Pines Subdivision. Large Hamptons-style post-modern single family home. Designed for luxury suburban living with resort-style features. Ap...
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11 Willow Street
Wheatley Heights, NY
$359,000
3 Beds | 4 Baths · MLS #810403
Shortsale. Needs work. Great for investors. Do not disturb occupants.
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8 Park View Lane
Lake Grove, NY
$998,900
5 Beds | 4 Baths · MLS #L3527771
"THIS PROPERTY IS TO BE PLACED IN AN UPCOMING AUCTION. ALL BIDS SHOULD BE SUBMITTED AT www.xome.com (VOID WHERE PROHIBITED). ALL AUCTION PROPERTIES ARE SUBJECT TO A 2% BU...
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 Suffolk County or considering listing your own home as a short sale, Educators Realty works with buyers and sellers throughout Suffolk and Nassau 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 Suffolk 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.