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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amityville is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Amityville has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Amityville, NY

How much do homes in Amityville, NY cost?

Median Sold Price

$560,000

$366/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$65,000(+13.1%)

Key Takeaway

Homes in Amityville have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in Amityville was $560,000 in November 2024, up 13.1% from last year, and the median price per square foot was $366.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $235K$257K
+9.4%
2 $435K$517.5K
+19.0%
3 $495K$555K
+12.1%
4 $550K$650K
+18.2%
5+ $580K$662.5K
+14.2%

Summary: Amityville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 14.2%.

Median Sold Price Compared To Nearby Cities

Amityville
+13.1%
Oyster Bay
+10.3%

Housing Supply in Amityville, NY

How many homes are available in Amityville, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9594-1.1%

Summary: The Amityville real estate market had 94 homes for sale in November 2024, a 1.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 1310
-23.1%
3 3436
+5.9%
4 2629
+11.5%
5+ 1916
-15.8%

Summary: The Amityville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 15.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1813-27.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amityville, you could pay more than the asking price. 76.9% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in Amityville in November 2024, down by 27.8% month-over-month. Of the 13 sold homes, 15% were sold under asking, 8% were sold at asking, and 77% were sold over asking.

Days on Market for Amityville, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days46 Days+40.2%

Summary: Homes in Amityville had an average of 46 days on market in Nov 2024, up by 40.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Amityville; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% 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

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