$5,688 Closing Credit*
$479,000
1,308 SqFt
2 Beds
•2 Full Baths
Listing Office: Realty Experts Inc
Is Coram, 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, Coram has remained a Seller's Market.
Key Takeaway
Coram is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coram, NY
How much do homes in Coram, NY cost?
Median Sold Price
$445,926
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,426(+1.5%)
Key Takeaway
Homes in Coram have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Coram was $445,926 in October 2024, up 1.5% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $191K | $210K | +9.9% |
| 2 Bedrooms | $350K | $355K | +1.4% |
| 3 Bedrooms | $470K | $512K | +8.9% |
| 4 Bedrooms | $540K | $600K | +11.1% |
| 5+ Bedrooms | $575K | $635K | +10.4% |
Summary: Coram housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.9%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Middle Island | $355K | $425K | +19.7% |
| Selden | $469K | $530K | +13.0% |
| Terryville | $500K | $559.7K | +11.9% |
| Gordon Heights | $440K | $480K | +9.1% |
| Coram | $439.5K | $445.9K | +1.5% |
Housing Supply in Coram, NY
How many homes are available in Coram, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 209 | 221 | +5.7% |
Summary: The Coram real estate market had 221 homes for sale in October 2024, a 5.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 27 | 24 | -11.1% |
| 2 Bedrooms | 40 | 40 | 0.0% |
| 3 Bedrooms | 62 | 69 | +11.3% |
| 4 Bedrooms | 58 | 63 | +8.6% |
| 5+ Bedrooms | 22 | 25 | +13.6% |
Summary: The Coram housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 41 | -4.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coram, you could pay more than the asking price. 63.4% of homes here sold above asking price last month.
Summary: A total of 41 homes were sold or pending in Coram in October 2024, down by 4.7% month-over-month. Of the 41 sold homes, 17% were sold under asking, 20% were sold at asking, and 63% were sold over asking.
Days on Market for Coram, NY
How long does it take to sell a home in Coram, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 53 Days | +96.7% |
Summary: Homes in Coram had an average of 53 days on market in Oct 2024, up by 96.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coram are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 41 homes were sold in Coram; 44% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 20% 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.