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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lattingtown is a neutral's market

Buyer's
Market

Difference Since September 2023

Since last year, Lattingtown has remained a Neutral Market.

Key Takeaway

Lattingtown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Lattingtown, NY

How much do homes in Lattingtown, NY cost?

Median Sold Price

$1,725,000

$503/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$75,000(-4.2%)

Key Takeaway

Homes in Lattingtown have sold for 4.2% less than they did a year ago.

Summary: The median home sold price in Lattingtown was $1,725,000 in September 2024, down 4.2% from last year, and the median price per square foot was $503.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.3M$1.6M
+26.5%
4 $1.6M$2.2M
+37.7%
5+ $2.4M$1.8M
-28.0%

Summary: Lattingtown housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 37.7%, and 5+ bedroom homes decreased by 28%.

Median Sold Price Compared To Nearby Cities

Oyster Bay
+11.4%
Lattingtown
-4.2%

Housing Supply in Lattingtown, NY

How many homes are available in Lattingtown, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
14140.0%

Summary: The Lattingtown real estate market had 14 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 32
-33.3%
5+ 1011
+10.0%

Summary: The Lattingtown housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lattingtown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lattingtown in September 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Lattingtown, NY

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

Average Sale Time

Sep 2023Sep 2024CHANGE
14 Days131 Days+835.7%

Summary: Homes in Lattingtown had an average of 131 days on market in Sep 2024, up by 835.7% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Lattingtown; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 Sep 1, 2024

Newest Listings in Lattingtown, NY

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