Is Astoria, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Astoria was a Neutral Market.
Key Takeaway
Astoria is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Astoria, NY
How much do homes in Astoria, NY cost?
Median Sold Price
$900,000
$771/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Astoria have sold for 14.3% less than they did a year ago.
Summary: The median home sold price in Astoria was $900,000 in November 2023, down 14.3% from last year, and the median price per square foot was $771.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $610K | $642.5K | +5.3% |
| 2 Bedrooms | $810K | $795K | -1.9% |
| 3 Bedrooms | $1.1M | $1.1M | -2.2% |
| 4 Bedrooms | $1.2M | $1.2M | -7.3% |
| 5+ Bedrooms | $1.4M | $1.4M | 0.2% |
Summary: Astoria housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 0.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Long Island City | $963K | $1.0M | +9.5% |
| Woodside | $440K | $430K | -2.3% |
| Astoria | $1.0M | $900K | -14.3% |
Housing Supply in Astoria, NY
How many homes are available in Astoria, NY?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 169 | 173 | +2.4% |
Summary: The Astoria real estate market had 173 homes for sale in November 2023, a 2.4% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 47 | 43 | -8.5% |
| 2 Bedrooms | 40 | 37 | -7.5% |
| 3 Bedrooms | 25 | 31 | +24.0% |
| 4 Bedrooms | 17 | 20 | +17.6% |
| 5+ Bedrooms | 40 | 42 | +5.0% |
Summary: The Astoria housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.5%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 21 | 13 | -38.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Astoria, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Astoria in November 2023, down by 38.1% month-over-month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% were sold over asking.
Days on Market for Astoria, NY
How long does it take to sell a home in Astoria, NY?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 168 Days | 58 Days | -65.3% |
Summary: Homes in Astoria had an average of 58 days on market in Nov 2023, down by 65.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Astoria has remained consistent over time.
Summary: During November 2023, 13 homes were sold in Astoria; 15% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 8% 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. 
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