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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Huntington is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Huntington, NY

How much do homes in Huntington, NY cost?

Median Sold Price

$799,997

$398/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$72,010(+9.9%)

Key Takeaway

Homes in Huntington have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Huntington was $799,997 in August 2024, up 9.9% from last year, and the median price per square foot was $398.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $340K$380K
+11.8%
2 $550K$615.5K
+11.9%
3 $660K$700K
+6.1%
4 $770K$850K
+10.4%
5+ $1.0M$1.1M
+4.5%

Summary: Huntington housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Cities

Huntington Bay
+11.6%
Lloyd Harbor
+10.0%
Huntington
+9.9%
Northport
+8.5%
Asharoken
-12.4%

Housing Supply in Huntington, NY

How many homes are available in Huntington, NY?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
979978-0.1%

Summary: The Huntington real estate market had 978 homes for sale in August 2024, a 0.1% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 1013
+30.0%
2 8281
-1.2%
3 281279
-0.7%
4 360368
+2.2%
5+ 246237
-3.7%

Summary: The Huntington housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 3.7%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
173193+11.6%

Asking Price vs. Sold Price

75 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

97 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Huntington, you could pay more than the asking price. 50.3% of homes here sold above asking price last month.

Summary: A total of 193 homes were sold or pending in Huntington in August 2024, up by 11.6% month-over-month. Of the 193 sold homes, 39% were sold under asking, 11% were sold at asking, and 50% were sold over asking.

Days on Market for Huntington, NY

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

Average Sale Time

Aug 2023Aug 2024CHANGE
33 Days43 Days+32.4%

Summary: Homes in Huntington had an average of 43 days on market in Aug 2024, up by 32.4% compared to last year.

Breakdown of Home Sale Times

118 Homes Were Sold
Under 30 Days

62 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 193 homes were sold in Huntington; 61% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 7% 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 8 Days Ago

Newest Listings in Huntington, NY

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