$10,000 Closing Credit*
$865,000
5,500 SqFt
4 Beds
•2 Full Baths
Listing Office: Telemundo Realty Corp
Is Cambria Heights, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Cambria Heights has remained a Buyer's Market.
Key Takeaway
Cambria Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cambria Heights, NY
How much do homes in Cambria Heights, NY cost?
Median Sold Price
$700,000
$476/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$43,750(+6.7%)
Key Takeaway
Homes in Cambria Heights have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Cambria Heights was $700,000 in October 2024, up 6.7% from last year, and the median price per square foot was $476.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171.5K | $160K | -6.7% |
| 2 Bedrooms | $535K | $530K | -0.9% |
| 3 Bedrooms | $640K | $662.5K | +3.5% |
| 4 Bedrooms | $702K | $756.7K | +7.8% |
| 5+ Bedrooms | $787.5K | $899K | +14.2% |
Summary: Cambria Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 14.2%.
Housing Supply in Cambria Heights, NY
How many homes are available in Cambria Heights, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 150 | 163 | +8.7% |
Summary: The Cambria Heights real estate market had 163 homes for sale in October 2024, a 8.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 66 | 68 | +3.0% |
| 4 Bedrooms | 40 | 50 | +25.0% |
| 5+ Bedrooms | 24 | 26 | +8.3% |
Summary: The Cambria Heights housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 21 | +31.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cambria Heights, you could pay more than the asking price. 52.4% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Cambria Heights in October 2024, up by 31.3% month-over-month. Of the 21 sold homes, 38% were sold under asking, 10% were sold at asking, and 52% were sold over asking.
Days on Market for Cambria Heights, NY
How long does it take to sell a home in Cambria Heights, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 63 Days | +11.6% |
Summary: Homes in Cambria Heights had an average of 63 days on market in Oct 2024, up by 11.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cambria Heights are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in Cambria Heights; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.