Is Stewart Manor, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Stewart Manor has remained a Seller's Market.
Key Takeaway
Stewart Manor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stewart Manor, NY
How much do homes in Stewart Manor, NY cost?
Median Sold Price
$774,000
$493/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Stewart Manor have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Stewart Manor was $774,000 in May 2024, up 4.2% from last year, and the median price per square foot was $493.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $657.5K | - | N/A |
| 3 Bedrooms | $772.5K | $787K | +1.9% |
| 4 Bedrooms | $700K | $770K | +10.0% |
| 5+ Bedrooms | $827.5K | $965K | +16.6% |
Summary: Stewart Manor housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 16.6%.
Median Sold Price Compared To Nearby Cities
| Garden City | $970K | $1.0M | +8.2% |
| New Hyde Park | $780K | $835K | +7.1% |
| Stewart Manor | $742.5K | $774K | +4.2% |
Housing Supply in Stewart Manor, NY
How many homes are available in Stewart Manor, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The Stewart Manor real estate market had 7 homes for sale in May 2024, a 40.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Stewart Manor 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stewart Manor, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Stewart Manor in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Stewart Manor, NY
How long does it take to sell a home in Stewart Manor, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 37 Days | 7 Days | -79.7% |
Summary: Homes in Stewart Manor had an average of 7 days on market in May 2024, down by 79.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stewart Manor are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Stewart Manor; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.