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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Levittown is a neutral's market

Buyer's
Market

Difference Since February 2023

Since last year, Levittown has remained a Neutral Market.

Key Takeaway

Levittown 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 Levittown, NY

How much do homes in Levittown, NY cost?

Median Sold Price

$610,000

$390/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$10,000(+1.7%)

Key Takeaway

Homes in Levittown have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Levittown was $610,000 in February 2024, up 1.7% from last year, and the median price per square foot was $390.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $384K$367.5K
-4.3%
2 $370.7K$425K
+14.6%
3 $565K$600K
+6.2%
4 $596.5K$600.6K
+0.7%
5+ $680K$707.5K
+4.0%

Summary: Levittown housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 4%.

Median Sold Price Compared To Nearby Neighborhoods

Town of Oyster Bay
+5.7%
Plainedge
+4.5%
Levittown
+1.7%
North Wantagh
+1.7%
Bethpage
+1.5%

Housing Supply in Levittown, NY

How many homes are available in Levittown, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
146144-1.4%

Summary: The Levittown real estate market had 144 homes for sale in February 2024, a 1.4% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 4337
-14.0%
4 6362
-1.6%
5+ 3944
+12.8%

Summary: The Levittown housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 12.8%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
3121-32.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Levittown, you could pay more than the asking price. 52.4% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Levittown in February 2024, down by 32.3% month-over-month. Of the 21 sold homes, 38% were sold under asking, 10% were sold at asking, and 52% were sold over asking.

Days on Market for Levittown, NY

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

Average Sale Time

Feb 2023Feb 2024CHANGE
49 Days40 Days-16.8%

Summary: Homes in Levittown had an average of 40 days on market in Feb 2024, down by 16.8% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 21 homes were sold in Levittown; 52% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 10% 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 28 Days Ago

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