Is Hauppauge, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hauppauge has remained a Seller's Market.
Housing Prices in Hauppauge, NY
How much do homes in Hauppauge, NY cost?
Median Sold Price
$666,250
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hauppauge was $666,250 in March 2024, up 3.3% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $279.5K | $293K | +4.8% |
2 Bedrooms | $525K | $546.2K | +4.0% |
3 Bedrooms | $632.5K | $660K | +4.3% |
4 Bedrooms | $707.5K | $740K | +4.6% |
5+ Bedrooms | $810K | $760K | -6.2% |
Summary: Hauppauge housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 6.2%.
Median Sold Price Compared To Nearby Neighborhoods
Brentwood | $491.5K | $530K | +7.8% |
Nesconset | $630K | $672.5K | +6.7% |
Central Islip | $440.5K | $466K | +5.8% |
Commack | $670K | $703.3K | +5.0% |
Hauppauge | $645K | $666.2K | +3.3% |
Housing Supply in Hauppauge, NY
How many homes are available in Hauppauge, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 55 | -1.8% |
Summary: The Hauppauge real estate market had 55 homes for sale in March 2024, a 1.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 25 | 23 | -8.0% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Hauppauge housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 11 | -31.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Hauppauge in March 2024, down by 31.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.
Days on Market for Hauppauge, NY
How long does it take to sell a home in Hauppauge, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
65 Days | 50 Days | -22.4% |
Summary: Homes in Hauppauge had an average of 50 days on market in Mar 2024, down by 22.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Hauppauge; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.