Is Baxter Estates, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baxter Estates is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Baxter Estates, NY

How much do homes in Baxter Estates, NY cost?

Median Sold Price

$1,052,499

$494/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$134,249(+14.6%)

Key Takeaway

Homes in Baxter Estates have sold for 14.6% more than they did a year ago.

Summary: The median home sold price in Baxter Estates was $1,052,499 in June 2024, up 14.6% from last year, and the median price per square foot was $494.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $815K$490K
-39.9%
3 $777.5K$877.5K
+12.9%
4 $990K$1.3M
+35.4%
5+ $1.3M$999.9K
-25.9%

Summary: Baxter Estates housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 39.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 35.4%, and 5+ bedroom homes decreased by 25.9%.

Median Sold Price Compared To Nearby Cities

Baxter Estates
+14.6%
North Hempstead
+10.3%
Port Washington North
-6.3%

Housing Supply in Baxter Estates, NY

How many homes are available in Baxter Estates, NY?

Number of Homes For Sale

May 2024Jun 2024CHANGE
34+33.3%

Summary: The Baxter Estates real estate market had 4 homes for sale in June 2024, a 33.3% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 22
0.0%
2 00
0.0%
3 00
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Baxter Estates housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baxter Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Baxter Estates in June 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Baxter Estates, NY

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

Average Sale Time

Jun 2023Jun 2024CHANGE
8 Days15 Days+87.5%

Summary: Homes in Baxter Estates had an average of 15 days on market in Jun 2024, up by 87.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 1 homes were sold in Baxter Estates; 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.

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

Report Updated 26 Days Ago

Newest Listings in Baxter Estates, NY

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