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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethpage is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, Bethpage has remained a Neutral Market.

Key Takeaway

Bethpage is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Bethpage, NY

How much do homes in Bethpage, NY cost?

Median Sold Price

$728,500

$436/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$73,500(+11.2%)

Key Takeaway

Homes in Bethpage have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in Bethpage was $728,500 in November 2024, up 11.2% from last year, and the median price per square foot was $436.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$517K
N/A
2 $510K$535K
+4.9%
3 $650K$656K
+0.9%
4 $655K$750K
+14.5%
5+ $705K$925K
+31.2%

Summary: Bethpage housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 31.2%.

Median Sold Price Compared To Nearby Neighborhoods

Old Bethpage
+20.2%
Bethpage
+11.2%
Levittown
+11.2%
Town of Oyster Bay
+10.6%
Plainedge
+7.4%

Housing Supply in Bethpage, NY

How many homes are available in Bethpage, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6774+10.4%

Summary: The Bethpage real estate market had 74 homes for sale in November 2024, a 10.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 2731
+14.8%
4 1717
0.0%
5+ 1721
+23.5%

Summary: The Bethpage housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 14.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 23.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
411+175.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethpage, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Bethpage in November 2024, up by 175.0% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.

Days on Market for Bethpage, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days40 Days+19.0%

Summary: Homes in Bethpage had an average of 40 days on market in Nov 2024, up by 19% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Bethpage; 45% of homes were sold within 30 days, 36% 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 17 Days Ago

Newest Listings in Bethpage, NY

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