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 December 2023

Since last year, Albertson has remained a Seller'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

$860,000

$545/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$100,112(+13.2%)

Key Takeaway

Homes in Albertson have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in Albertson was $860,000 in December 2024, up 13.2% from last year, and the median price per square foot was $545.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $370.2K$387.5K
+4.7%
2 $475K$650K
+36.8%
3 $735K$843.5K
+14.8%
4 $760K$890K
+17.1%
5+ $1.1M$1.2M
+3.1%

Summary: Albertson housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 36.8%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 3.1%.

Median Sold Price Compared To Nearby Neighborhoods

Searingtown
+20.0%
Albertson
+13.2%
Town of North Hempstead
+10.2%
Roslyn Heights
-6.3%

Housing Supply in Albertson, NY

How many homes are available in Albertson, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1817-5.6%

Summary: The Albertson real estate market had 17 homes for sale in December 2024, a 5.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 43
-25.0%
4 99
0.0%
5+ 33
0.0%

Summary: The Albertson housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Albertson, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Albertson in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Dec 2023Dec 2024CHANGE
53 Days31 Days-41.1%

Summary: Homes in Albertson had an average of 31 days on market in Dec 2024, down by 41.1% 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 December 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 2 Days Ago

Newest Listings in Albertson, NY

Nearby Markets to Albertson, NY