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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bohemia is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Bohemia was a Buyer's Market.

Key Takeaway

Bohemia is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Bohemia, NY

How much do homes in Bohemia, NY cost?

Median Sold Price

$637,500

$311/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$67,500(+11.8%)

Key Takeaway

Homes in Bohemia have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Bohemia was $637,500 in April 2024, up 11.8% from last year, and the median price per square foot was $311.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $501K$495K
-1.2%
3 $545K$615K
+12.8%
4 $585K$685K
+17.1%
5+ $645K$670K
+3.9%

Summary: Bohemia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Neighborhoods

Oakdale
+12.6%
Bohemia
+11.8%
North Great River
+9.1%
Central Islip
+6.8%
Ronkonkoma
+2.9%

Housing Supply in Bohemia, NY

How many homes are available in Bohemia, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2028+40.0%

Summary: The Bohemia real estate market had 28 homes for sale in April 2024, a 40.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 811
+37.5%
4 58
+60.0%
5+ 46
+50.0%

Summary: The Bohemia housing inventory by bedroom type for April 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 37.5%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bohemia, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Bohemia in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Bohemia, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days13 Days-34.5%

Summary: Homes in Bohemia had an average of 13 days on market in Apr 2024, down by 34.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were 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 Bohemia are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Bohemia; 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 6 Days Ago

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