Is Shrub Oak, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Shrub Oak was a Seller's Market.
Housing Prices in Shrub Oak, NY
How much do homes in Shrub Oak, NY cost?
Median Sold Price
$565,444
$326/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Shrub Oak was $565,444 in March 2024, up 15.4% from last year, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $296.1K | $387.5K | +30.9% |
2 Bedrooms | $494.3K | $550K | +11.3% |
3 Bedrooms | $490K | $567.5K | +15.8% |
4 Bedrooms | $550K | $811K | +47.5% |
5+ Bedrooms | $700K | - | N/A |
Summary: Shrub Oak housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.9%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 47.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Shrub Oak | $490K | $565.4K | +15.4% |
Yorktown | $565K | $587.5K | +4.0% |
Yorktown Heights | $569.5K | $582K | +2.2% |
Mohegan Lake | $479K | $420K | -12.3% |
Housing Supply in Shrub Oak, NY
How many homes are available in Shrub Oak, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Summary: The Shrub Oak real estate market had 7 homes for sale in March 2024, a 40.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Shrub Oak housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Shrub Oak in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Shrub Oak, NY
How long does it take to sell a home in Shrub Oak, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 21 Days | +2.4% |
Summary: Homes in Shrub Oak had an average of 21 days on market in Mar 2024, up by 2.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Shrub Oak; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.