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 November 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

$999,000

$387/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$39,000(+4.1%)

Key Takeaway

Homes in Dix Hills have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Dix Hills was $999,000 in November 2024, up 4.1% from last year, and the median price per square foot was $387.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$415K
N/A
2 $655K$730K
+11.5%
3 $718.5K$775K
+7.9%
4 $935K$965K
+3.2%
5+ $1.1M$1.3M
+13.0%

Summary: Dix Hills 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 11.5%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 13%.

Median Sold Price Compared To Nearby Neighborhoods

South Huntington
+13.6%
Deer Park
+11.0%
Elwood
+6.1%
Dix Hills
+4.1%
Wheatley Heights
+3.7%

Housing Supply in Dix Hills, NY

How many homes are available in Dix Hills, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
112101-9.8%

Summary: The Dix Hills real estate market had 101 homes for sale in November 2024, a 9.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1011
+10.0%
4 3937
-5.1%
5+ 6353
-15.9%

Summary: The Dix Hills 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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 15.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2221-4.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 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. 61.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Dix Hills in November 2024, down by 4.5% month-over-month. Of the 21 sold homes, 62% were sold under asking, 5% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
43 Days50 Days+14.9%

Summary: Homes in Dix Hills had an average of 50 days on market in Nov 2024, up by 14.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dix Hills has remained consistent over time.

Summary: During November 2024, 21 homes were sold in Dix Hills; 24% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 14% 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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