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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manorhaven is a buyer's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Manorhaven was a Seller's Market.

Key Takeaway

Manorhaven is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Manorhaven, NY cost?

Median Sold Price

$665,000

$435/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

-$10,000(-1.5%)

Key Takeaway

Homes in Manorhaven have sold for 1.5% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $352.5K$300K
-14.9%
2 $485K$525K
+8.2%
3 $675K$745K
+10.4%
4 $700K$810K
+15.7%
5+ $756.3K$1.1M
+53.7%

Median Sold Price Compared To Nearby Cities

Port Washington North
+7.6%
Sands Point
+4.6%
North Hempstead
+3.9%
Manorhaven
-1.5%

How many homes are available in Manorhaven, NY?

Number of Homes For Sale

Dec 2022Jan 2023%
911+22.2%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 12
+100.0%
2 33
0.0%
3 11
0.0%
4 22
0.0%
5+ 23
+50.0%

Number of Homes Sold

Dec 2022Jan 2023%
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manorhaven, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
54 Days35 Days-35.8%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Manorhaven has remained consistent over time.

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

About Manorhaven, NY

Number of homes for sale in Manorhaven, NY real estate market have reached 11. The number of homes for sale in Manorhaven, NY increased by 22.2% between December 2022 and January 2023. While the average time on the market in January 2023 was 35 days, the median list price was $665,000. From December 2022 through January 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went down by 14.9%, prices of 2 bedrooms properties went up by 8.2%, 3 bedrooms properties became 10.4% more expensive, prices of 4 bedrooms properties went up by 15.7%, prices of 5 bedrooms properties went up by 53.7%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went up by 100%, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes have not changed, the quantity of 4 bedrooms homes have not changed, the quantity of 5 bedrooms homes went up by 50%. While more than 0 listings in Manorhaven, NY in January 2023 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.

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