Is Nesconset, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Nesconset was a Neutral Market.
Housing Prices in Nesconset, NY
How much do homes in Nesconset, NY cost?
Median Sold Price
$675,000
$361/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Nesconset was $675,000 in April 2024, up 8.3% from last year, and the median price per square foot was $361.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $313.5K | $387.5K | +23.6% |
2 Bedrooms | $530K | $561.5K | +5.9% |
3 Bedrooms | $615K | $626K | +1.8% |
4 Bedrooms | $662.5K | $770K | +16.2% |
5+ Bedrooms | $675K | $740K | +9.6% |
Summary: Nesconset housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.6%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Neighborhoods
Nesconset | $623.2K | $675K | +8.3% |
Lake Ronkonkoma | $525K | $560K | +6.7% |
Town of Smithtown | $645K | $684.3K | +6.1% |
Hauppauge | $649.9K | $669.2K | +3.0% |
Saint James | $575K | $585K | +1.7% |
Housing Supply in Nesconset, NY
How many homes are available in Nesconset, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 41 | +10.8% |
Summary: The Nesconset real estate market had 41 homes for sale in April 2024, a 10.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Nesconset housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Nesconset in April 2024, down by 11.1% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for Nesconset, NY
How long does it take to sell a home in Nesconset, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 26 Days | -62.6% |
Summary: Homes in Nesconset had an average of 26 days on market in Apr 2024, down by 62.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Nesconset; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.