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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lattingtown is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Lattingtown, NY cost?

Median Sold Price

$1,999,975

$351/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$569,975(+39.9%)

Key Takeaway

Homes in Lattingtown have sold for 39.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 -$430K
N/A
3 $900K$1.2M
+38.9%
4 $945K$1.7M
+89.4%
5+ $1.6M$2.0M
+24.2%

Median Sold Price Compared To Nearby Cities

Lattingtown
+39.9%
Oyster Bay
+7.4%
Glen Cove
-0.2%
Bayville
-15.8%

How many homes are available in Lattingtown, NY?

Number of Homes For Sale

Sep 2022Oct 2022%
14140.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 66
0.0%
5+ 77
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lattingtown, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
62 Days47 Days-23.4%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Lattingtown, NY

There are 14 homes are for sale in Lattingtown, NY real estate market. The median list price of listings available in October 2022 was $1,999,975, while the average time on the real estate market was 47 days. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 0%, 3 bedrooms properties became 38.9% more expensive, 4 bedrooms properties prices increased by 89.4%, 5 bedrooms properties prices increased by 24.2%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory did not change, the quantity of 4 bedrooms homes have not changed, number of 5 bedrooms homes remained the same. In October 2022 more than 3 listings in Lattingtown, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.

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