15 Homes Under $500K Just Listed On Long Island

Mortgage rates remain historically low, but rising home prices combined with a dwindling supply aren't making things all that easy for homebuyers on Long Island.

The closed median home price in Nassau was $500,000 in October, a 6.4 percent year-over-year increase, according to the Multiple Listing Service of Long Island. In Suffolk, the closed median home price was $360,000 last month, a 6.2 percent increase from October 2016.

The total number of homes for sale on Long Island in October was 15,654, representing a 9.1 percent decrease over last year.

What does all that mean? Homes that are priced right are flying off the market, often within days of being listed.

Let's take a look at 15 homes priced under $500,000 that have been listed within the last week (click on the address for more pictures and information courtesy of realtor.com):

Address: 42 Beverly Place, Massapequa

Price: $469,000

Address: 242 Southern Boulevard, Nesconset

Price: $449,999

Address: 512 3rd St., East Northport

Price: $419,000

Address: 2 Sheep Lane, Levittown

Price: $474,500

Address: 10 Ohara Place, Huntington

Price: $429,000

Address: 29 S. Martin Road, Bethpage

Price: $395,000

Address: 189 Old Country Road, Deer Park

Price: $449,990

Address: 70 N. Grove St., Valley Stream

Price: $450,000

Address: 315 Lakeland, Ave., Sayville

Price: $485,000

Address: 79 Colonial Dr., Massapequa

Price: $399,000

Address: 3 Sabrina Dr., Eastport

Price: $469,990

Address: 131 Colin Dr., Shirley

Price: $359,900

Address: 57 Peacock Path, Riverhead

Price: $459,000

Address: 120 Linwood Ave., Bellmore

Price: $379,000

Address: 100 Stirling Ave., Freeport

Price: $390,00