$10,000 Closing Credit*
$1,449,000
5 Beds
•2 Full Baths
Listing Office: Century 21 Monticello Realty
Is Astoria, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Astoria was a Neutral Market.
Key Takeaway
Astoria is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Astoria, NY
How much do homes in Astoria, NY cost?
Median Sold Price
$987,000
$861/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$96,000(+10.8%)
Key Takeaway
Homes in Astoria have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Astoria was $987,000 in November 2024, up 10.8% from last year, and the median price per square foot was $861.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $629K | $663K | +5.4% |
| 2 Bedrooms | $795K | $845K | +6.3% |
| 3 Bedrooms | $1.1M | $1.1M | 0.0% |
| 4 Bedrooms | $1.2M | $1.4M | +14.3% |
| 5+ Bedrooms | $1.4M | $1.5M | +4.7% |
Summary: Astoria housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 6.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Astoria | $891K | $987K | +10.8% |
| Long Island City | $1.0M | $1.1M | +7.4% |
| Woodside | $430K | $410K | -4.7% |
Housing Supply in Astoria, NY
How many homes are available in Astoria, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 197 | 201 | +2.0% |
Summary: The Astoria real estate market had 201 homes for sale in November 2024, a 2.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 68 | 65 | -4.4% |
| 2 Bedrooms | 52 | 53 | +1.9% |
| 3 Bedrooms | 23 | 23 | 0.0% |
| 4 Bedrooms | 15 | 19 | +26.7% |
| 5+ Bedrooms | 39 | 41 | +5.1% |
Summary: The Astoria housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.4%, 2 bedroom homes increased by 1.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 5.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 23 | +76.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Astoria, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Astoria in November 2024, up by 76.9% month-over-month. Of the 23 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Astoria, NY
How long does it take to sell a home in Astoria, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 106 Days | +77.2% |
Summary: Homes in Astoria had an average of 106 days on market in Nov 2024, up by 77.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Astoria has remained consistent over time.
Summary: During November 2024, 23 homes were sold in Astoria; 4% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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