Nassau County has seen a sharp increase in foreclosure filings, indicating broader market trends.
Nassau County has reported a significant increase in first-time foreclosure filings, reaching 173 cases in Q2 2025, a 31% year-over-year rise. This surge positions Nassau County as the most active foreclosure market in the New York-New Jersey metro area. In contrast, Suffolk County experienced a substantial decline, with a reported 142 filings, marking a 43% decrease. Together, these counties accounted for 18% of all foreclosure cases in the region, reflecting a shifting landscape in the housing market as economic challenges continue to impact homeowners.
The second quarter of 2025 represents Nassau’s busiest activity for first-time foreclosure filings since 2023. Meanwhile, Suffolk County reported 142 first-time foreclosure filings during the same timeframe; however, this number indicates a significant 43% decrease from the 251 filings recorded in Q2 2024. Consequently, Suffolk County experienced its lowest number of first-time filings in the past two years.
In total, the combined first-time foreclosure filings for both Nassau and Suffolk counties on Long Island fell by 18% when compared to Q2 2024. Overall, Nassau and Suffolk counties constituted 18% of all foreclosure cases reported in the metro New York area during the second quarter, underscoring the region’s substantial role in the larger foreclosure landscape.
Outside of Long Island, other counties reporting notable foreclosure activity included Essex County, NJ, which had 139 filings; Brooklyn with 129 cases; and Queens with 128 filings. Additional counties in the top ten for foreclosure filings included Ocean County, NJ (110 filings), Bergen County, NJ (109 filings), Monmouth County, NJ (82 filings), Westchester County (66 filings), and Union County, NJ (58 filings).
The PropertyShark.com report, which documented these trends, focused on residential properties scheduled for auction for the first time during Q2 2025. The overall metro New York region, which encompasses the five boroughs of New York City and several suburban counties in both New York and New Jersey, reported a total of 1,718 first-time filings in this quarter. This marks a modest 6% increase from the same period last year.
In New York City, foreclosure filings experienced an overall year-over-year increase of 11%, leading to 191 cases reported in Q2 2025. Notably, the Bronx saw a substantial 73% surge in foreclosure filings, while Brooklyn overtook Queens to become the city’s most active foreclosure market with 129 first-time filings. Two-family homes emerged as significant contributors to the increased foreclosure activity in NYC, accounting for approximately one-third of new cases during this period.
The continuing trends within Nassau County and the greater metro New York area suggest a shifting landscape in the foreclosure market, with Nassau County’s dramatic rise setting it apart from its neighboring counties on Long Island. The fluctuation in foreclosure filings not only reflects economic challenges faced by homeowners but also broader market dynamics influencing residential properties in urban and suburban areas alike.
As foreclosure filings remain an essential indicator of economic health and housing market stability, these statistics will likely be monitored closely in the upcoming quarters. Homeowners, investors, and policymakers alike will be keenly interested in how these trends develop and what they may portend for the future of the housing market across the metro New York region.
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