Is Old Field, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Old Field is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Old Field was a Buyer's Market.

Key Takeaway

Old Field is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Old Field, NY cost?

Median Sold Price

$1,045,000

$365/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

-$235,000(-18.4%)

Key Takeaway

Homes in Old Field have sold for 18.4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 --
N/A
3 --
N/A
4 $1.2M$849K
-33.7%
5+ -$1.8M
N/A

How many homes are available in Old Field, NY?

Number of Homes For Sale

Oct 2022Nov 2022%
2221-4.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 109
-10.0%
5+ 1212
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Old Field, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
24 Days107 Days+347.2%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Old Field are taking a long time to sell, it's a good idea to negotiate on homes here.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Old Field, NY

Homes for sale in Old Field, NY have reached 21. The number of listings in Old Field, NY decreased by 4.5% between October 2022 and November 2022. The median list price of listings available in November 2022 was $1,045,000, while the average time on the real estate market was 107 days. This housing market listing prices have changed between November 2021 and November 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 0%, prices of 4 bedrooms properties decreased by 33.7%, 5 bedrooms properties became 0% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory did not change, the quantity of 4 bedrooms homes went down by 10%, the quantity of 5 bedrooms homes have not changed. While more than 0 listings in Old Field, NY in November 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below.

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