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 October 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

$920,000

$661/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+1.7%)

Key Takeaway

Homes in Auburndale have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Auburndale was $920,000 in October 2024, up 1.7% from last year, and the median price per square foot was $661.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $255K$268K
+5.1%
2 $344K$394.5K
+14.7%
3 $925K$920K
-0.5%
4 $1.0M$999K
-0.6%
5+ $1.5M$1.4M
-7.4%

Summary: Auburndale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes increased by 14.7%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 7.4%.

Median Sold Price Compared To Nearby Neighborhoods

Bayside
+44.5%
Northeastern Queens
+3.2%
Auburndale
+1.7%
Fresh Meadows
0.3%
Whitestone
-3.4%

Housing Supply in Auburndale, NY

How many homes are available in Auburndale, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
170179+5.3%

Summary: The Auburndale real estate market had 179 homes for sale in October 2024, a 5.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2522
-12.0%
2 2730
+11.1%
3 5050
0.0%
4 3535
0.0%
5+ 3342
+27.3%

Summary: The Auburndale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12%, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2522-12.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 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. 86.4% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Auburndale in October 2024, down by 12.0% month-over-month. Of the 22 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% 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

Oct 2023Oct 2024CHANGE
65 Days51 Days-20.4%

Summary: Homes in Auburndale had an average of 51 days on market in Oct 2024, down by 20.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Auburndale has remained consistent over time.

Summary: During October 2024, 22 homes were sold in Auburndale; 32% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% 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 4 Days Ago

Newest Listings in Auburndale, NY

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