Is Albertson, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Albertson is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Albertson was a Buyer's Market.

Key Takeaway

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

Housing Prices in Albertson, NY

How much do homes in Albertson, NY cost?

Median Sold Price

$851,000

$541/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$131,500(+18.3%)

Key Takeaway

Homes in Albertson have sold for 18.3% more than they did a year ago.

Summary: The median home sold price in Albertson was $851,000 in October 2024, up 18.3% from last year, and the median price per square foot was $541.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $331.5K$402.5K
+21.4%
2 $475K$680K
+43.2%
3 $735K$843.5K
+14.8%
4 $709K$860K
+21.3%
5+ $1.4M$995K
-28.9%

Summary: Albertson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.4%, 2 bedroom homes increased by 43.2%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes decreased by 28.9%.

Median Sold Price Compared To Nearby Neighborhoods

Searingtown
+21.2%
Albertson
+18.3%
Town of North Hempstead
+10.1%
Roslyn Heights
-7.6%

Housing Supply in Albertson, NY

How many homes are available in Albertson, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2022+10.0%

Summary: The Albertson real estate market had 22 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 44
0.0%
4 1314
+7.7%
5+ 12
+100.0%

Summary: The Albertson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Albertson, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Albertson in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Albertson, NY

How long does it take to sell a home in Albertson, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days30 Days-17.6%

Summary: Homes in Albertson had an average of 30 days on market in Oct 2024, down by 17.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Albertson; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Albertson, NY

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