$8,645 Closing Credit*
$728,000
1,224 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Mitra Hakimi Realty Group LLC
Is Bellerose, 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, Bellerose was a Buyer's Market.
Key Takeaway
Bellerose is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bellerose, NY
How much do homes in Bellerose, NY cost?
Median Sold Price
$750,000
$510/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,000(+6.4%)
Key Takeaway
Homes in Bellerose have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Bellerose was $750,000 in October 2024, up 6.4% from last year, and the median price per square foot was $510.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $233.5K | $250K | +7.1% |
| 2 Bedrooms | $605K | $465K | -23.1% |
| 3 Bedrooms | $703.5K | $750K | +6.6% |
| 4 Bedrooms | $765K | $835K | +9.2% |
| 5+ Bedrooms | $1.0M | $857K | -18.3% |
Summary: Bellerose housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 18.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Bellerose | $705K | $750K | +6.4% |
| Bellaire | $660K | $695K | +5.3% |
| Glen Oaks | $352.5K | $370K | +5.0% |
| Floral Park | $745K | $769K | +3.2% |
Housing Supply in Bellerose, NY
How many homes are available in Bellerose, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 70 | +4.5% |
Summary: The Bellerose real estate market had 70 homes for sale in October 2024, a 4.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 23 | 29 | +26.1% |
| 4 Bedrooms | 26 | 23 | -11.5% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Bellerose 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 decreased by 10%, 3 bedroom homes increased by 26.1%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 16 | +100.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bellerose, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Bellerose in October 2024, up by 100.0% month-over-month. Of the 16 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for Bellerose, NY
How long does it take to sell a home in Bellerose, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 72 Days | +53.3% |
Summary: Homes in Bellerose had an average of 72 days on market in Oct 2024, up by 53.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were 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 Bellerose has remained consistent over time.
Summary: During October 2024, 16 homes were sold in Bellerose; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.