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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nissequogue is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Nissequogue was a Buyer's Market.

Key Takeaway

Nissequogue 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 Nissequogue, NY

How much do homes in Nissequogue, NY cost?

Median Sold Price

$1,100,000

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$75,000(-6.4%)

Key Takeaway

Homes in Nissequogue have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in Nissequogue was $1,100,000 in April 2024, down 6.4% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $625K$607.5K
-2.8%
4 $1.2M$965K
-19.6%
5+ $2.0M$1.2M
-39.2%

Summary: Nissequogue housing prices by bedroom type for April 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 decreased by 2.8%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes decreased by 39.2%.

Median Sold Price Compared To Nearby Cities

Smithtown
+5.7%
Nissequogue
-6.4%

Housing Supply in Nissequogue, NY

How many homes are available in Nissequogue, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1214+16.7%

Summary: The Nissequogue real estate market had 14 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 46
+50.0%
5+ 77
0.0%

Summary: The Nissequogue housing inventory by bedroom type for April 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 remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nissequogue, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Nissequogue in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Nissequogue, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
411 Days113 Days-72.5%

Summary: Homes in Nissequogue had an average of 113 days on market in Apr 2024, down by 72.5% 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 Nissequogue are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Nissequogue; 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 19 Days Ago

Newest Listings in Nissequogue, NY

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