Is Valley Stream, 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, Valley Stream was a Neutral Market.
Key Takeaway
Valley Stream is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Valley Stream, NY
How much do homes in Valley Stream, NY cost?
Median Sold Price
$654,000
$426/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Valley Stream have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Valley Stream was $654,000 in March 2024, up 2.2% from last year, and the median price per square foot was $426.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $232.5K | +3.3% |
| 2 Bedrooms | $451K | $500K | +10.9% |
| 3 Bedrooms | $619K | $625K | +1.0% |
| 4 Bedrooms | $655K | $675K | +3.1% |
| 5+ Bedrooms | $810K | $792K | -2.2% |
Summary: Valley Stream housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 2.2%.
Housing Supply in Valley Stream, NY
How many homes are available in Valley Stream, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 188 | 202 | +7.4% |
Summary: The Valley Stream real estate market had 202 homes for sale in March 2024, a 7.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 59 | 62 | +5.1% |
| 4 Bedrooms | 82 | 89 | +8.5% |
| 5+ Bedrooms | 33 | 33 | 0.0% |
Summary: The Valley Stream housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 21 | -22.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Valley Stream, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Valley Stream in March 2024, down by 22.2% month-over-month. Of the 21 sold homes, 62% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Valley Stream, NY
How long does it take to sell a home in Valley Stream, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 70 Days | 79 Days | +14.1% |
Summary: Homes in Valley Stream had an average of 79 days on market in Mar 2024, up by 14.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Valley Stream has remained consistent over time.
Summary: During March 2024, 21 homes were sold in Valley Stream; 24% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.