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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Copiague is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Copiague was a Seller's Market.

Key Takeaway

Copiague is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Copiague, NY

How much do homes in Copiague, NY cost?

Median Sold Price

$557,500

$349/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+7.2%)

Key Takeaway

Homes in Copiague have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Copiague was $557,500 in November 2024, up 7.2% from last year, and the median price per square foot was $349.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $333K$388K
+16.5%
2 $420K$450K
+7.1%
3 $511K$564.5K
+10.5%
4 $549K$570K
+3.8%
5+ $625K$590K
-5.6%

Summary: Copiague housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.5%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 5.6%.

Median Sold Price Compared To Nearby Neighborhoods

North Amityville
+12.6%
Town of Babylon
+10.8%
Copiague
+7.2%

Housing Supply in Copiague, NY

How many homes are available in Copiague, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9789-8.2%

Summary: The Copiague real estate market had 89 homes for sale in November 2024, a 8.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 98
-11.1%
3 3535
0.0%
4 3834
-10.5%
5+ 1312
-7.7%

Summary: The Copiague housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
198-57.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Copiague, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Copiague in November 2024, down by 57.9% month-over-month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Copiague, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days50 Days+84.2%

Summary: Homes in Copiague had an average of 50 days on market in Nov 2024, up by 84.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Copiague; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 Copiague, NY

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