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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Auburndale is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Auburndale was a Seller's Market.

Key Takeaway

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

Housing Prices in Auburndale, NY

How much do homes in Auburndale, NY cost?

Median Sold Price

$950,000

$675/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$74,333(+8.5%)

Key Takeaway

Homes in Auburndale have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Auburndale was $950,000 in December 2024, up 8.5% from last year, and the median price per square foot was $675.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $260K$310K
+19.2%
2 $339K$401K
+18.3%
3 $893K$950K
+6.4%
4 $999K$1.0M
+5.1%
5+ $1.5M$1.4M
-3.5%

Summary: Auburndale housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.2%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 3.5%.

Median Sold Price Compared To Nearby Neighborhoods

Bayside
+59.0%
Auburndale
+8.5%
Northeastern Queens
+4.7%
Fresh Meadows
-0.1%
Whitestone
-8.7%

Housing Supply in Auburndale, NY

How many homes are available in Auburndale, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
155151-2.6%

Summary: The Auburndale real estate market had 151 homes for sale in December 2024, a 2.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 2322
-4.3%
2 2930
+3.4%
3 4439
-11.4%
4 3028
-6.7%
5+ 2932
+10.3%

Summary: The Auburndale housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 10.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1413-7.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Auburndale, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Auburndale in December 2024, down by 7.1% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.

Days on Market for Auburndale, NY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
89 Days30 Days-65.4%

Summary: Homes in Auburndale had an average of 30 days on market in Dec 2024, down by 65.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 13 homes were sold in Auburndale; 46% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% 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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