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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glendale is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, Glendale has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Glendale, NY

How much do homes in Glendale, NY cost?

Median Sold Price

$840,000

$542/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$2,500(+0.3%)

Key Takeaway

The sold price of homes in Glendale has remained the same since last year.

Summary: The median home sold price in Glendale was $840,000 in March 2024, up 0.3% from last year, and the median price per square foot was $542.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $315K$258K
-18.1%
2 $651.5K$670K
+2.8%
3 $770K$790K
+2.6%
4 $875K$872.5K
-0.3%
5+ $999K$999K
0.0%

Summary: Glendale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.1%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Ridgewood
+2.9%
Glendale
0.3%
Woodhaven
0.0%
Middle Village
-3.0%

Housing Supply in Glendale, NY

How many homes are available in Glendale, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8899+12.5%

Summary: The Glendale real estate market had 99 homes for sale in March 2024, a 12.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 2631
+19.2%
4 99
0.0%
5+ 4148
+17.1%

Summary: The Glendale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 19.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 17.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glendale, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Glendale in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Glendale, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
123 Days94 Days-23.5%

Summary: Homes in Glendale had an average of 94 days on market in Mar 2024, down by 23.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Glendale are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 6 homes were sold in Glendale; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% 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 24 Days Ago

Newest Listings in Glendale, NY

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