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 September 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

$800,142

$398/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$68,913(+9.4%)

Key Takeaway

Homes in Huntington have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Huntington was $800,142 in September 2024, up 9.4% from last year, and the median price per square foot was $398.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $330K$385K
+16.7%
2 $550K$619K
+12.5%
3 $660K$710.8K
+7.7%
4 $780K$850K
+9.0%
5+ $1.1M$1.1M
+4.5%

Summary: Huntington housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Cities

Huntington
+9.4%
Lloyd Harbor
+2.9%
Northport
+1.4%

Housing Supply in Huntington, NY

How many homes are available in Huntington, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
954926-2.9%

Summary: The Huntington real estate market had 926 homes for sale in September 2024, a 2.9% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 129
-25.0%
2 8278
-4.9%
3 277269
-2.9%
4 363340
-6.3%
5+ 220230
+4.5%

Summary: The Huntington housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 4.5%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
202175-13.4%

Asking Price vs. Sold Price

60 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

103 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. 58.9% of homes here sold above asking price last month.

Summary: A total of 175 homes were sold or pending in Huntington in September 2024, down by 13.4% month-over-month. Of the 175 sold homes, 34% were sold under asking, 7% were sold at asking, and 59% 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

Sep 2023Sep 2024CHANGE
36 Days36 Days-1.3%

Summary: Homes in Huntington had an average of 36 days on market in Sep 2024, down by 1.3% compared to last year.

Breakdown of Home Sale Times

98 Homes Were Sold
Under 30 Days

61 Homes Were Sold
In 30 - 90 Days

16 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 September 2024, 175 homes were sold in Huntington; 56% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 9% 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 30 Days Ago

Newest Listings in Huntington, NY

Nearby Markets to Huntington, NY

What housing markets are near Huntington, NY?