Is North Corona, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, North Corona has remained a Buyer's Market.
Key Takeaway
North Corona is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Corona, NY
How much do homes in North Corona, NY cost?
Median Sold Price
$775,000
$542/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in North Corona have sold for 25% more than they did a month ago.
Summary: The median home sold price in North Corona was $775,000 in May 2024, up 25% from last month, and the median price per square foot was $542.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132K | - | N/A |
| 2 Bedrooms | $620K | $458K | -26.1% |
| 3 Bedrooms | - | $772K | N/A |
| 4 Bedrooms | $880K | $820K | -6.8% |
| 5+ Bedrooms | $1.0M | $1.2M | +18.4% |
Summary: North Corona housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 18.4%.
Median Sold Price Compared To Nearby Neighborhoods
| East Elmhurst | $787.5K | $1.1M | +52.3% |
| North Corona | $620K | $775K | +25.0% |
Housing Supply in North Corona, NY
How many homes are available in North Corona, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 92 | 95 | +3.3% |
Summary: The North Corona real estate market had 95 homes for sale in May 2024, a 3.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 6 | -33.3% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 43 | 44 | +2.3% |
Summary: The North Corona housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 2.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in North Corona, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in North Corona in May 2024, up by 28.6% month-over-month. Of the 9 sold homes, 89% were sold under asking, 0% were sold at asking, and 11% were sold over asking.
Days on Market for North Corona, NY
How long does it take to sell a home in North Corona, NY?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 113 Days | 156 Days | +38.1% |
Summary: Homes in North Corona had an average of 156 days on market in May 2024, up by 38.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in North Corona are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 9 homes were sold in North Corona; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.