Is Amityville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amityville is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Amityville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Amityville, NY

How much do homes in Amityville, NY cost?

Median Sold Price

$515,000

$344/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$10,000(+2.0%)

Key Takeaway

Homes in Amityville have sold for 2% more than they did a year ago.

Summary: The median home sold price in Amityville was $515,000 in March 2024, up 2% from last year, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $219.5K$245K
+11.6%
2 $440K$459K
+4.3%
3 $505K$509.5K
+0.9%
4 $550K$567.5K
+3.2%
5+ $580K$625K
+7.8%

Summary: Amityville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Cities

Oyster Bay
+5.2%
Amityville
+2.0%

Housing Supply in Amityville, NY

How many homes are available in Amityville, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8794+8.0%

Summary: The Amityville real estate market had 94 homes for sale in March 2024, a 8.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 65
-16.7%
2 912
+33.3%
3 2933
+13.8%
4 2623
-11.5%
5+ 1721
+23.5%

Summary: The Amityville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 23.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1116+45.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amityville, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Amityville in March 2024, up by 45.5% month-over-month. Of the 16 sold homes, 25% were sold under asking, 19% were sold at asking, and 56% were sold over asking.

Days on Market for Amityville, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
46 Days29 Days-37.1%

Summary: Homes in Amityville had an average of 29 days on market in Mar 2024, down by 37.1% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 16 homes were sold in Amityville; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 25 Days Ago

Newest Listings in Amityville, NY

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