Is Munsey Park, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Munsey Park was a Seller's Market.
Housing Prices in Munsey Park, NY
How much do homes in Munsey Park, NY cost?
Median Sold Price
$1,955,000
$711/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Munsey Park was $1,955,000 in February 2024, up 10.8% from last year, and the median price per square foot was $711.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $1.6M | $1.7M | +12.5% |
4 Bedrooms | $1.7M | $1.9M | +13.5% |
5+ Bedrooms | $2.1M | $3.5M | +63.2% |
Summary: Munsey Park housing prices by bedroom type for February 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 12.5%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 63.2%.
Median Sold Price Compared To Nearby Cities
Munsey Park | $1.7M | $1.9M | +10.8% |
North Hempstead | $892.1K | $913.9K | +2.4% |
Flower Hill | $1.8M | $1.6M | -6.7% |
Housing Supply in Munsey Park, NY
How many homes are available in Munsey Park, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Summary: The Munsey Park real estate market had 7 homes for sale in February 2024, a 40.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Munsey Park 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Munsey Park in February 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Munsey Park, NY
How long does it take to sell a home in Munsey Park, NY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
68 Days | 26 Days | -62.2% |
Summary: Homes in Munsey Park had an average of 26 days on market in Feb 2024, down by 62.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 1 homes were sold in Munsey Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.