Is Dix Hills, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dix Hills is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Dix Hills was a Neutral Market.

Key Takeaway

Dix Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dix Hills, NY

How much do homes in Dix Hills, NY cost?

Median Sold Price

$995,000

$380/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,000(+4.7%)

Key Takeaway

Homes in Dix Hills have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Dix Hills was $995,000 in October 2024, up 4.7% from last year, and the median price per square foot was $380.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$415K
N/A
2 $650K$689K
+6.0%
3 $730K$775K
+6.2%
4 $925K$955K
+3.2%
5+ $1.2M$1.3M
+8.3%

Summary: Dix Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Neighborhoods

South Huntington
+14.9%
Deer Park
+10.4%
Wheatley Heights
+7.3%
Elwood
+5.2%
Dix Hills
+4.7%

Housing Supply in Dix Hills, NY

How many homes are available in Dix Hills, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
124115-7.3%

Summary: The Dix Hills real estate market had 115 homes for sale in October 2024, a 7.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1612
-25.0%
4 4538
-15.6%
5+ 6365
+3.2%

Summary: The Dix Hills 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes increased by 3.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2520-20.0%

Asking Price vs. Sold Price

11 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 Dix Hills, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Dix Hills in October 2024, down by 20.0% month-over-month. Of the 20 sold homes, 55% were sold under asking, 5% were sold at asking, and 40% were sold over asking.

Days on Market for Dix Hills, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days64 Days+51.3%

Summary: Homes in Dix Hills had an average of 64 days on market in Oct 2024, up by 51.3% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 20 homes were sold in Dix Hills; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 Dix Hills, NY

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