Is Bulls Head, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bulls Head has remained a Seller's Market.
Key Takeaway
Bulls Head is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bulls Head, NY
How much do homes in Bulls Head, NY cost?
Median Sold Price
$739,000
$372/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bulls Head have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Bulls Head was $739,000 in May 2024, up 13.3% from last year, and the median price per square foot was $372.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $480K | $480K | 0.0% |
| 3 Bedrooms | $587.5K | $657K | +11.8% |
| 4 Bedrooms | $845K | $835K | -1.2% |
| 5+ Bedrooms | $1.1M | $992.5K | -12.2% |
Summary: Bulls Head housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 12.2%.
Housing Supply in Bulls Head, NY
How many homes are available in Bulls Head, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Bulls Head real estate market had 13 homes for sale in May 2024, a 7.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Bulls Head housing inventory by bedroom type for May 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bulls Head, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Bulls Head in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Bulls Head, NY
How long does it take to sell a home in Bulls Head, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 45 Days | 98 Days | +118.9% |
Summary: Homes in Bulls Head had an average of 98 days on market in May 2024, up by 118.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bulls Head has remained consistent over time.
Summary: During May 2024, 4 homes were sold in Bulls Head; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.