Is Hunters Point, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hunters Point was a Neutral Market.
Key Takeaway
Hunters Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hunters Point, NY
How much do homes in Hunters Point, NY cost?
Median Sold Price
$959,950
$1,174/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hunters Point have sold for 6.6% less than they did a year ago.
Summary: The median home sold price in Hunters Point was $959,950 in April 2024, down 6.6% from last year, and the median price per square foot was $1,174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $800K | $772.5K | -3.4% |
| 2 Bedrooms | $1.3M | $1.2M | -7.5% |
| 3 Bedrooms | $1.9M | $1.9M | -2.4% |
| 4 Bedrooms | - | $1.2M | N/A |
| 5+ Bedrooms | $2.1M | $2.1M | -1.6% |
Summary: Hunters Point housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 1.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Long Island City | $950K | $1.2M | +30.1% |
| Northwestern Queens | $724.2K | $720.1K | -0.6% |
| Hunters Point | $1.0M | $959.9K | -6.6% |
Housing Supply in Hunters Point, NY
How many homes are available in Hunters Point, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 37 | 42 | +13.5% |
Summary: The Hunters Point real estate market had 42 homes for sale in April 2024, a 13.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 21 | +31.3% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Hunters Point housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 31.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hunters Point, 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 Hunters Point in April 2024, down by 40.0% 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 Hunters Point, NY
How long does it take to sell a home in Hunters Point, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 132 Days | +380.0% |
Summary: Homes in Hunters Point had an average of 132 days on market in Apr 2024, up by 380% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hunters Point are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Hunters Point; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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