Is Roosevelt, 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, Roosevelt has remained a Buyer's Market.
Housing Prices in Roosevelt, NY
How much do homes in Roosevelt, NY cost?
Median Sold Price
$540,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Roosevelt was $540,000 in April 2024, down 1.8% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $387K | N/A |
2 Bedrooms | $365K | $377.5K | +3.4% |
3 Bedrooms | $550K | $522.5K | -5.0% |
4 Bedrooms | $575K | $570K | -0.9% |
5+ Bedrooms | $612.5K | $610K | -0.4% |
Summary: Roosevelt 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 3.4%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Neighborhoods
Uniondale | $545K | $589K | +8.1% |
Merrick | $758.7K | $783.7K | +3.3% |
North Merrick | $707K | $720K | +1.8% |
Baldwin | $595K | $593K | -0.3% |
Roosevelt | $550K | $540K | -1.8% |
Housing Supply in Roosevelt, NY
How many homes are available in Roosevelt, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 45 | -6.3% |
Summary: The Roosevelt real estate market had 45 homes for sale in April 2024, a 6.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 23 | 21 | -8.7% |
4 Bedrooms | 17 | 16 | -5.9% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Roosevelt housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 4 | -63.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Roosevelt in April 2024, down by 63.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Roosevelt, NY
How long does it take to sell a home in Roosevelt, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 29 Days | -47.0% |
Summary: Homes in Roosevelt had an average of 29 days on market in Apr 2024, down by 47% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Roosevelt; 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.