Is Old Howard Beach, 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, Old Howard Beach was a Neutral Market.
Key Takeaway
Old Howard Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Old Howard Beach, NY
How much do homes in Old Howard Beach, NY cost?
Median Sold Price
$813,000
$389/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Old Howard Beach have sold for 5.5% less than they did a year ago.
Summary: The median home sold price in Old Howard Beach was $813,000 in April 2024, down 5.5% from last year, and the median price per square foot was $389.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | - | N/A |
| 2 Bedrooms | $420K | $587.5K | +39.9% |
| 3 Bedrooms | $740K | $847K | +14.5% |
| 4 Bedrooms | $860K | $809K | -5.9% |
| 5+ Bedrooms | $999.8K | $900K | -10.0% |
Summary: Old Howard Beach 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 increased by 39.9%, 3 bedroom homes increased by 14.5%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 10%.
Median Sold Price Compared To Nearby Neighborhoods
| Southwestern Queens | $715K | $694.2K | -2.9% |
| Ozone Park | $760K | $725K | -4.6% |
| Lindenwood | $280K | $266.2K | -4.9% |
| Old Howard Beach | $860K | $813K | -5.5% |
Housing Supply in Old Howard Beach, NY
How many homes are available in Old Howard Beach, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 29 | +31.8% |
Summary: The Old Howard Beach real estate market had 29 homes for sale in April 2024, a 31.8% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 8 | 14 | +75.0% |
Summary: The Old Howard Beach 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Old Howard Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Old Howard Beach in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Old Howard Beach, NY
How long does it take to sell a home in Old Howard Beach, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 93 Days | 35 Days | -62.5% |
Summary: Homes in Old Howard Beach had an average of 35 days on market in Apr 2024, down by 62.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Old Howard Beach are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Old Howard Beach; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
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