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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bayside is a buyer's market

Buyer's
Market

Difference Since November 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

$850,000

$508/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$358,000(+72.8%)

Key Takeaway

Homes in Bayside have sold for 72.8% more than they did a year ago.

Summary: The median home sold price in Bayside was $850,000 in November 2024, up 72.8% from last year, and the median price per square foot was $508.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $255K$297.5K
+16.7%
2 $335.5K$405K
+20.7%
3 $900K$960K
+6.7%
4 $1.1M$1.3M
+14.0%
5+ $1.4M$1.4M
+0.9%

Summary: Bayside housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Neighborhoods

Bayside
+72.8%
Bay Terrace
+15.2%
Oakland Gardens
+7.4%
Northeastern Queens
+4.7%
Douglaston
-3.0%

Housing Supply in Bayside, NY

How many homes are available in Bayside, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
178168-5.6%

Summary: The Bayside real estate market had 168 homes for sale in November 2024, a 5.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4948
-2.0%
2 4545
0.0%
3 3833
-13.2%
4 2320
-13.0%
5+ 2322
-4.3%

Summary: The Bayside housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.2%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 4.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2218-18.2%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bayside, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Bayside in November 2024, down by 18.2% month-over-month. Of the 18 sold homes, 72% were sold under asking, 11% were sold at asking, and 17% 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

Nov 2023Nov 2024CHANGE
139 Days61 Days-55.9%

Summary: Homes in Bayside had an average of 61 days on market in Nov 2024, down by 55.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 18 homes were sold in Bayside; 39% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 22% 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 21 Days Ago

Newest Listings in Bayside, NY

Nearby Markets to Bayside, NY