Is Quogue, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Quogue is a buyer's market

Buyer's
Market

Difference Since June 2023

At the same time last year, Quogue was a Seller's Market.

Key Takeaway

Quogue is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Quogue, NY

How much do homes in Quogue, NY cost?

Median Sold Price

$2,550,000

$738/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$50,000(-1.9%)

Key Takeaway

Homes in Quogue have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Quogue was $2,550,000 in June 2024, down 1.9% from last year, and the median price per square foot was $738.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $3.5M-
N/A
3 $2.2M$1.3M
-40.2%
4 $2.1M$1.9M
-12.1%
5+ $4.5M$3.7M
-17.0%

Summary: Quogue housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 40.2%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes decreased by 17%.

Housing Supply in Quogue, NY

How many homes are available in Quogue, NY?

Number of Homes For Sale

May 2024Jun 2024CHANGE
4544-2.2%

Summary: The Quogue real estate market had 44 homes for sale in June 2024, a 2.2% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 55
0.0%
4 1514
-6.7%
5+ 2524
-4.0%

Summary: The Quogue housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 4%.

Number of Homes Sold

May 2024Jun 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

5 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 Quogue, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Quogue in June 2024, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Quogue, NY

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

Average Sale Time

Jun 2023Jun 2024CHANGE
66 Days101 Days+52.6%

Summary: Homes in Quogue had an average of 101 days on market in Jun 2024, up by 52.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Quogue has remained consistent over time.

Summary: During June 2024, 6 homes were sold in Quogue; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 26 Days Ago

Newest Listings in Quogue, NY

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