Is Town of Huntington, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Town of Huntington is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Town of Huntington was a Seller's Market.

Key Takeaway

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

Housing Prices in Town of Huntington, NY

How much do homes in Town of Huntington, NY cost?

Median Sold Price

$764,614

$371/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$32,961(+4.5%)

Key Takeaway

Homes in Town of Huntington have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Town of Huntington was $764,614 in March 2024, up 4.5% from last year, and the median price per square foot was $371.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $345K$357.5K
+3.6%
2 $550K$573.5K
+4.3%
3 $640.2K$676K
+5.6%
4 $776K$799.2K
+3.0%
5+ $1.1M$1.1M
-4.3%

Summary: Town of Huntington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 4.3%.

Median Sold Price Compared To Nearby Neighborhoods

Town of Huntington
+4.5%
Greenlawn
+2.8%
Centerport
-4.5%

Housing Supply in Town of Huntington, NY

How many homes are available in Town of Huntington, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
618668+8.1%

Summary: The Town of Huntington real estate market had 668 homes for sale in March 2024, a 8.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1310
-23.1%
2 4956
+14.3%
3 178182
+2.2%
4 208239
+14.9%
5+ 170181
+6.5%

Summary: The Town of Huntington housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 23.1%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 6.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
10780-25.2%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

41 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Town of Huntington, you could pay more than the asking price. 51.3% of homes here sold above asking price last month.

Summary: A total of 80 homes were sold or pending in Town of Huntington in March 2024, down by 25.2% month-over-month. Of the 80 sold homes, 43% were sold under asking, 6% were sold at asking, and 51% were sold over asking.

Days on Market for Town of Huntington, NY

How long does it take to sell a home in Town of Huntington, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
71 Days59 Days-16.6%

Summary: Homes in Town of Huntington had an average of 59 days on market in Mar 2024, down by 16.6% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

31 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Town of Huntington are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 80 homes were sold in Town of Huntington; 44% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 18% 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 Town of Huntington, NY

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