Is Great River, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Great River has remained a Neutral Market.
Housing Prices in Great River, NY
How much do homes in Great River, NY cost?
Median Sold Price
$817,500
$460/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Great River was $817,500 in April 2024, up 12.7% from last year, and the median price per square foot was $460.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $494.9K | $650K | +31.3% |
3 Bedrooms | $740K | $817.5K | +10.5% |
4 Bedrooms | $860K | $789K | -8.3% |
5+ Bedrooms | $801K | $1.1M | +42.0% |
Summary: Great River 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 31.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 42%.
Median Sold Price Compared To Nearby Neighborhoods
Great River | $725.5K | $817.5K | +12.7% |
Oakdale | $555K | $625K | +12.6% |
North Great River | $550K | $600K | +9.1% |
East Islip | $580K | $630K | +8.6% |
Town of Islip | $530K | $562K | +6.0% |
Housing Supply in Great River, NY
How many homes are available in Great River, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Summary: The Great River real estate market had 7 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Great River 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 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Great River in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Great River, NY
How long does it take to sell a home in Great River, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 179 Days | +1888.9% |
Summary: Homes in Great River had an average of 179 days on market in Apr 2024, up by 1888.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Great River; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.