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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hicksville is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Hicksville has remained a Seller's Market.

Key Takeaway

Hicksville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hicksville, NY

How much do homes in Hicksville, NY cost?

Median Sold Price

$669,533

$421/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$29,533(+4.6%)

Key Takeaway

Homes in Hicksville have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Hicksville was $669,533 in March 2024, up 4.6% from last year, and the median price per square foot was $421.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $425K$566K
+33.2%
2 $560K$555K
-0.9%
3 $620K$634K
+2.3%
4 $625K$670K
+7.2%
5+ $743.7K$815K
+9.6%

Summary: Hicksville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.2%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 9.6%.

Median Sold Price Compared To Nearby Neighborhoods

Jericho
+8.9%
Town of Oyster Bay
+5.9%
Hicksville
+4.6%
New Cassel
+4.2%
Bethpage
+3.4%

Housing Supply in Hicksville, NY

How many homes are available in Hicksville, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1341340.0%

Summary: The Hicksville real estate market had 134 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 3530
-14.3%
4 5352
-1.9%
5+ 3843
+13.2%

Summary: The Hicksville 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 increased by 14.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 13.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2127+28.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hicksville, you could pay more than the asking price. 48.1% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in Hicksville in March 2024, up by 28.6% month-over-month. Of the 27 sold homes, 44% were sold under asking, 7% were sold at asking, and 48% were sold over asking.

Days on Market for Hicksville, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
70 Days53 Days-23.6%

Summary: Homes in Hicksville had an average of 53 days on market in Mar 2024, down by 23.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hicksville are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 27 homes were sold in Hicksville; 48% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 15% 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 28 Days Ago

Newest Listings in Hicksville, NY

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