Is Pomonok, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Pomonok has remained a Buyer's Market.
Housing Prices in Pomonok, NY
How much do homes in Pomonok, NY cost?
Median Sold Price
$850,000
$589/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pomonok was $850,000 in April 2024, down 3.4% from last year, and the median price per square foot was $589.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $390K | $355K | -9.0% |
2 Bedrooms | $699K | $667K | -4.6% |
3 Bedrooms | $814K | $800K | -1.7% |
4 Bedrooms | $1.0M | $933K | -12.0% |
5+ Bedrooms | $1.2M | $1.5M | +15.6% |
Summary: Pomonok housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Neighborhoods
Queensboro Hill | $929.4K | $972.5K | +4.6% |
Northeastern Queens | $737.4K | $718K | -2.6% |
Pomonok | $880K | $850K | -3.4% |
Housing Supply in Pomonok, NY
How many homes are available in Pomonok, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 56 | +19.1% |
Summary: The Pomonok real estate market had 56 homes for sale in April 2024, a 19.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 18 | 19 | +5.6% |
4 Bedrooms | 4 | 9 | +125.0% |
5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Pomonok housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 125%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Pomonok in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pomonok, NY
How long does it take to sell a home in Pomonok, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 62 Days | -8.7% |
Summary: Homes in Pomonok had an average of 62 days on market in Apr 2024, down by 8.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Pomonok; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.