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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calverton is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Calverton was a Seller's Market.

Key Takeaway

Calverton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Calverton, NY

How much do homes in Calverton, NY cost?

Median Sold Price

$481,000

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$39,000(+8.8%)

Key Takeaway

Homes in Calverton have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Calverton was $481,000 in April 2024, up 8.8% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $315K-
N/A
2 $222.5K$230K
+3.4%
3 $446K$535K
+20.0%
4 $590K$630.5K
+6.9%
5+ $755K$830K
+9.9%

Summary: Calverton 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 increased by 3.4%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 9.9%.

Median Sold Price Compared To Nearby Neighborhoods

Calverton
+8.8%
Wading River
+4.3%
Manorville
-3.6%

Housing Supply in Calverton, NY

How many homes are available in Calverton, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3437+8.8%

Summary: The Calverton real estate market had 37 homes for sale in April 2024, a 8.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 109
-10.0%
3 1315
+15.4%
4 1113
+18.2%
5+ 00
0.0%

Summary: The Calverton 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 decreased by 10%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calverton, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Calverton in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Calverton, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
43 Days87 Days+100.3%

Summary: Homes in Calverton had an average of 87 days on market in Apr 2024, up by 100.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Calverton; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 3 Days Ago

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