31 Colony Lane, Syosset, NY 11791

31 Colony Lane, Syosset, NY 11791

$1,388,000 · 5 bed · 3 bath · 2,396 sq ft · built 1955 · MLS# 1052202 · Active

Beautifully updated 5-bedroom, 3-full-bath home located in the highly sought-after Syosset School District. Set on an approximately 0.17-acre / 7,405 SF lot, this south-facing home offers nearly 2,400 SF of usable living space with a legal extension, providing a spacious and practical layout for comfortable living. The home features bright interiors, central air conditioning, gas heating, and upgraded 200-amp electrical service. Additional highlights include a garage, double driveway, and a spacious backyard perfect for outdoor entertaining, relaxing, or gatherings. Conveniently located within walking distance to school and Syosset Public Library,…

Single-family homes in the Syosset Central School District sold for a median of $1,315,000 (typically $1,050,000–$1,760,000) across 259 recorded sales between Oct 6, 2025 and Oct 2, 2026, up 7.7% on the 12 months before. This home's $1,388,000 list price sits in the mid-market single-family tier for the Syosset Central School District.

ZIP 11791 has about 3.7 months of single family inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.

At about $22,666 a year, this home's property tax is in line with the roughly $22,000 typical for Syosset Central School District. Nassau assessments run on a multi-year cycle, so the assessed value behind this bill can lag what the home actually sells for today. A sale does not automatically reset it, and exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded LI sales, trailing 12mo) + actual tax

Listings courtesy of OneKey® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 11, 2026 4:30 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House 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.

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Syosset Market Trend

Syosset has tightened over the past 2 years: the median sale price has advanced roughly 13% year over year to near $1.31M, and sales have generally been closing faster. Sellers currently hold the stronger hand, and if the pattern persists, prices could continue to firm.

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