Is North Amityville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Amityville is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, North Amityville has remained a Seller's Market.

Key Takeaway

North Amityville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Amityville, NY

How much do homes in North Amityville, NY cost?

Median Sold Price

$463,000

$334/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$500(+0.1%)

Key Takeaway

The sold price of homes in North Amityville has remained the same since last year.

Summary: The median home sold price in North Amityville was $463,000 in March 2024, up 0.1% from last year, and the median price per square foot was $334.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $229K$245K
+7.0%
2 $325K$361.2K
+11.2%
3 $460K$447.5K
-2.7%
4 $487.5K$495K
+1.5%
5+ $549.9K$580K
+5.5%

Summary: North Amityville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 11.2%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 5.5%.

Median Sold Price Compared To Nearby Neighborhoods

Copiague
+8.2%
Town of Babylon
+5.7%
East Farmingdale
+3.8%
North Lindenhurst
+2.4%
North Amityville
0.1%

Housing Supply in North Amityville, NY

How many homes are available in North Amityville, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4653+15.2%

Summary: The North Amityville real estate market had 53 homes for sale in March 2024, a 15.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 43
-25.0%
2 54
-20.0%
3 1421
+50.0%
4 108
-20.0%
5+ 1317
+30.8%

Summary: The North Amityville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 30.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Amityville, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in North Amityville in March 2024, up by 42.9% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.

Days on Market for North Amityville, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
68 Days31 Days-54.8%

Summary: Homes in North Amityville had an average of 31 days on market in Mar 2024, down by 54.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 10 homes were sold in North Amityville; 80% of homes were sold within 30 days, 10% 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 27 Days Ago

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