Is Shrub Oak, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shrub Oak is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Shrub Oak has remained a Seller's Market.

Key Takeaway

Shrub Oak is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Shrub Oak, NY cost?

Median Sold Price

$650,000

$295/sqft

Based on all homes sold in January 2023.

Difference Since Last Month

+$152,500(+30.7%)

Key Takeaway

Homes in Shrub Oak have sold for 30.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSDec 2022Jan 2023%
1 -$296.1K
N/A
2 -$650K
N/A
3 $497.5K-
N/A
4 --
N/A
5+ -$835K
N/A

How many homes are available in Shrub Oak, NY?

Number of Homes For Sale

Dec 2022Jan 2023%
1210-16.7%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 12
+100.0%
2 34
+33.3%
3 73
-57.1%
4 00
0.0%
5+ 11
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
43-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shrub Oak, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Dec 2022Jan 2023%
66 Days93 Days+40.9%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shrub Oak are selling fast, if you're buying plan to act quickly.

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

About Shrub Oak, NY

Number of homes for sale in Shrub Oak, NY real estate market have reached 10. The number of listings in Shrub Oak, NY decreased by 16.7% between December 2022 and January 2023. While the average time on the market in January 2023 was 93 days, the median list price was $650,000. This housing market listing prices have changed between January 2022 and January 2023: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties prices increased by 0%, prices of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 100% more available, number of 2 bedrooms homes increased by 33.3%, 3 bedrooms homes became 57.1% less available, 4 bedrooms homes did not move, 5 bedrooms homes inventory did not change. Over 0 listings were sold over their listed price in January 2023 in Shrub Oak, NY. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price.

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