Is North Massapequa, 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, North Massapequa was a Seller's Market.
Housing Prices in North Massapequa, NY
How much do homes in North Massapequa, NY cost?
Median Sold Price
$675,000
$420/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Massapequa was $675,000 in April 2024, up 5.4% from last year, and the median price per square foot was $420.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $510K | - | N/A |
2 Bedrooms | $560K | $517K | -7.7% |
3 Bedrooms | $617.5K | $672.5K | +8.9% |
4 Bedrooms | $672K | $672.5K | 0.1% |
5+ Bedrooms | $660K | $751.2K | +13.8% |
Summary: North Massapequa 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 decreased by 7.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 13.8%.
Median Sold Price Compared To Nearby Neighborhoods
South Farmingdale | $600K | $636K | +6.0% |
North Massapequa | $640.5K | $675K | +5.4% |
North Wantagh | $620K | $650K | +4.8% |
Levittown | $600K | $624.5K | +4.1% |
Housing Supply in North Massapequa, NY
How many homes are available in North Massapequa, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 46 | +9.5% |
Summary: The North Massapequa real estate market had 46 homes for sale in April 2024, a 9.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 15 | 21 | +40.0% |
4 Bedrooms | 24 | 22 | -8.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The North Massapequa 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 increased by 40%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 5 | -44.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in North Massapequa in April 2024, down by 44.4% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% were sold over asking.
Days on Market for North Massapequa, NY
How long does it take to sell a home in North Massapequa, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 24 Days | -49.7% |
Summary: Homes in North Massapequa had an average of 24 days on market in Apr 2024, down by 49.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in North Massapequa; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.