Is Bayside, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bayside has remained a Buyer's Market.
Key Takeaway
Bayside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bayside, NY
How much do homes in Bayside, NY cost?
Median Sold Price
$599,000
$515/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bayside have sold for 26.4% less than they did a year ago.
Summary: The median home sold price in Bayside was $599,000 in March 2024, down 26.4% from last year, and the median price per square foot was $515.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $299.5K | $270K | -9.8% |
| 2 Bedrooms | $322.5K | $370K | +14.7% |
| 3 Bedrooms | $867.5K | $935K | +7.8% |
| 4 Bedrooms | $1.1M | $1.1M | -2.6% |
| 5+ Bedrooms | $1.4M | $1.4M | -1.5% |
Summary: Bayside housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.8%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 1.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Oakland Gardens | $352K | $345K | -2.0% |
| Northeastern Queens | $733.8K | $717.8K | -2.2% |
| Douglaston | $399.5K | $382.5K | -4.3% |
| Bay Terrace | $589K | $562.5K | -4.5% |
| Bayside | $813.3K | $599K | -26.4% |
Housing Supply in Bayside, NY
How many homes are available in Bayside, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 160 | 173 | +8.1% |
Summary: The Bayside real estate market had 173 homes for sale in March 2024, a 8.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 39 | 44 | +12.8% |
| 2 Bedrooms | 48 | 48 | 0.0% |
| 3 Bedrooms | 35 | 39 | +11.4% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 21 | 25 | +19.0% |
Summary: The Bayside housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.8%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 19%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bayside, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Bayside in March 2024, down by 15.8% month-over-month. Of the 16 sold homes, 56% were sold under asking, 6% were sold at asking, and 38% were sold over asking.
Days on Market for Bayside, NY
How long does it take to sell a home in Bayside, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 77 Days | +56.5% |
Summary: Homes in Bayside had an average of 77 days on market in Mar 2024, up by 56.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bayside has remained consistent over time.
Summary: During March 2024, 16 homes were sold in Bayside; 31% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% 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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