$5,201 Closing Credit*
$438,000
1 Bed
•1 Full Bath
Listing Office: Lovett Realty Inc
Is Bayside, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Bayside was a Neutral Market.
Key Takeaway
Bayside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bayside, NY
How much do homes in Bayside, NY cost?
Median Sold Price
$860,000
$520/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$265,000(+44.5%)
Key Takeaway
Homes in Bayside have sold for 44.5% more than they did a year ago.
Summary: The median home sold price in Bayside was $860,000 in October 2024, up 44.5% from last year, and the median price per square foot was $520.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $307.1K | +15.9% |
| 2 Bedrooms | $343K | $407.5K | +18.8% |
| 3 Bedrooms | $865K | $968K | +11.9% |
| 4 Bedrooms | $1.1M | $1.2M | +17.3% |
| 5+ Bedrooms | $1.4M | $1.4M | 0.0% |
Summary: Bayside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.9%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Bayside | $595K | $860K | +44.5% |
| Bay Terrace | $555K | $605K | +9.0% |
| Oakland Gardens | $345.3K | $365K | +5.7% |
| Northeastern Queens | $718K | $741.2K | +3.2% |
| Douglaston | $395.5K | $385K | -2.7% |
Housing Supply in Bayside, NY
How many homes are available in Bayside, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 183 | 185 | +1.1% |
Summary: The Bayside real estate market had 185 homes for sale in October 2024, a 1.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 50 | 50 | 0.0% |
| 2 Bedrooms | 44 | 47 | +6.8% |
| 3 Bedrooms | 41 | 39 | -4.9% |
| 4 Bedrooms | 23 | 23 | 0.0% |
| 5+ Bedrooms | 25 | 26 | +4.0% |
Summary: The Bayside housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.8%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bayside, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Bayside in October 2024, down by 11.1% month-over-month. Of the 16 sold homes, 75% were sold under asking, 6% were sold at asking, and 19% were sold over asking.
Days on Market for Bayside, NY
How long does it take to sell a home in Bayside, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 85 Days | 111 Days | +30.6% |
Summary: Homes in Bayside had an average of 111 days on market in Oct 2024, up by 30.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Bayside are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 16 homes were sold in Bayside; 19% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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