Is Huntington Bay, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Huntington Bay is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Huntington Bay has remained a Seller's Market.

Key Takeaway

Huntington Bay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Huntington Bay, NY

How much do homes in Huntington Bay, NY cost?

Median Sold Price

$1,269,000

$575/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$1,150,000(-47.5%)

Key Takeaway

Homes in Huntington Bay have sold for 47.5% less than they did a month ago.

Summary: The median home sold price in Huntington Bay was $1,269,000 in May 2024, down 47.5% from last month, and the median price per square foot was $575.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$575K
N/A
3 $1.7M$1.2M
-27.0%
4 $3.1M-
N/A
5+ $1.5M$2.1M
+31.3%

Summary: Huntington Bay housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 27%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 31.3%.

Housing Supply in Huntington Bay, NY

How many homes are available in Huntington Bay, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
11110.0%

Summary: The Huntington Bay real estate market had 11 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 23
+50.0%
4 31
-66.7%
5+ 56
+20.0%

Summary: The Huntington Bay housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Apr 2024May 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Huntington Bay, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Huntington Bay in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Huntington Bay, NY

How long does it take to sell a home in Huntington Bay, NY?

Average Sale Time

Apr 2024May 2024CHANGE
10 Days41 Days+281.4%

Summary: Homes in Huntington Bay had an average of 41 days on market in May 2024, up by 281.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Huntington Bay are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Huntington Bay; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Huntington Bay, NY

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