Can I still buy a home on Long Island for under $600,000 in 2026?

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It is becoming increasingly difficult. In areas like Stony Brook, Setauket, and Smithtown, starter homes are now closer to $700,000 to $800,000. Buyers looking under $600,000 are often shifting toward eastern Suffolk or considering condos, which have become the new starter option for many buyers planning to build equity over three to five years.