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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Wantagh is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in North Wantagh, NY

How much do homes in North Wantagh, NY cost?

Median Sold Price

$647,500

$425/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$12,500(+2.0%)

Key Takeaway

Homes in North Wantagh have sold for 2% more than they did a year ago.

Summary: The median home sold price in North Wantagh was $647,500 in March 2024, up 2% from last year, and the median price per square foot was $425.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $282K$459K
+62.8%
2 $503K$584.7K
+16.2%
3 $627.5K$655K
+4.4%
4 $633K$645K
+1.9%
5+ $725K$700K
-3.4%

Summary: North Wantagh housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62.8%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 3.4%.

Median Sold Price Compared To Nearby Neighborhoods

North Massapequa
+3.9%
Levittown
+3.3%
Wantagh
+3.3%
North Wantagh
+2.0%
Seaford
0.5%

Housing Supply in North Wantagh, NY

How many homes are available in North Wantagh, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
32320.0%

Summary: The North Wantagh real estate market had 32 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 44
0.0%
3 86
-25.0%
4 1314
+7.7%
5+ 67
+16.7%

Summary: The North Wantagh housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Wantagh, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in North Wantagh in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for North Wantagh, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
79 Days29 Days-63.1%

Summary: Homes in North Wantagh had an average of 29 days on market in Mar 2024, down by 63.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 8 homes were sold in North Wantagh; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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

Newest Listings in North Wantagh, NY

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