Is Commack, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Commack was a Neutral Market.
Housing Prices in Commack, NY
How much do homes in Commack, NY cost?
Median Sold Price
$705,000
$368/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Commack was $705,000 in April 2024, up 5.2% from last year, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $450K | N/A |
2 Bedrooms | $440K | $565K | +28.4% |
3 Bedrooms | $620K | $651.2K | +5.0% |
4 Bedrooms | $730K | $750K | +2.7% |
5+ Bedrooms | $800K | $861.7K | +7.7% |
Summary: Commack 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 28.4%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Neighborhoods
Fort Salonga | $835K | $982.5K | +17.7% |
Kings Park | $594.5K | $636.6K | +7.1% |
Commack | $670K | $705K | +5.2% |
Hauppauge | $649.9K | $669.2K | +3.0% |
East Northport | $663K | $680K | +2.6% |
Housing Supply in Commack, NY
How many homes are available in Commack, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
87 | 105 | +20.7% |
Summary: The Commack real estate market had 105 homes for sale in April 2024, a 20.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 28 | 34 | +21.4% |
4 Bedrooms | 40 | 49 | +22.5% |
5+ Bedrooms | 17 | 21 | +23.5% |
Summary: The Commack housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 23.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Commack in April 2024, up by 8.3% month-over-month. Of the 13 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% were sold over asking.
Days on Market for Commack, NY
How long does it take to sell a home in Commack, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 48 Days | +63.2% |
Summary: Homes in Commack had an average of 48 days on market in Apr 2024, up by 63.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Commack; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.