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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eltingville is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Eltingville 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 Eltingville, NY

How much do homes in Eltingville, NY cost?

Median Sold Price

$698,000

$468/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$22,000(-3.1%)

Key Takeaway

Homes in Eltingville have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in Eltingville was $698,000 in April 2024, down 3.1% from last year, and the median price per square foot was $468.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $590K$537K
-9.0%
3 $697.5K$685K
-1.8%
4 $835K$865K
+3.6%
5+ $937.5K$848K
-9.5%

Summary: Eltingville 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 9%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 9.5%.

Housing Supply in Eltingville, NY

How many homes are available in Eltingville, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1918-5.3%

Summary: The Eltingville real estate market had 18 homes for sale in April 2024, a 5.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1010
0.0%
4 23
+50.0%
5+ 41
-75.0%

Summary: The Eltingville 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 75%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eltingville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Eltingville in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Eltingville, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
60 Days79 Days+30.4%

Summary: Homes in Eltingville had an average of 79 days on market in Apr 2024, up by 30.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Eltingville has remained consistent over time.

Summary: During April 2024, 3 homes were sold in Eltingville; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 8 Days Ago

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