$9,488 Closing Credit*
$799,000
948 SqFt
2 Beds
•2 Full Baths, 1 Partial
#487959, Listing Office: Commerce Realty Group
Is Dyker Heights, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Dyker Heights was a Seller's Market.
Key Takeaway
Dyker Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Dyker Heights, NY
How much do homes in Dyker Heights, NY cost?
Median Sold Price
$1,236,000
$704/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$41,000(+3.4%)
Key Takeaway
Homes in Dyker Heights have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Dyker Heights was $1,236,000 in November 2024, up 3.4% from last year, and the median price per square foot was $704.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $373.7K | - | N/A |
| 2 Bedrooms | $850K | $872.5K | +2.6% |
| 3 Bedrooms | $1.0M | $1.1M | +13.4% |
| 4 Bedrooms | $1.2M | $1.1M | -12.0% |
| 5+ Bedrooms | $1.5M | $1.5M | +1.0% |
Summary: Dyker Heights 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 2.6%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Neighborhoods
| Dyker Heights | $1.1M | $1.2M | +3.4% |
| New Utrecht | $993K | $1.0M | +2.2% |
| Bay Ridge | $985K | $995.3K | +1.0% |
| Fort Hamilton | $545K | $515K | -5.5% |
Housing Supply in Dyker Heights, NY
How many homes are available in Dyker Heights, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 46 | -20.7% |
Summary: The Dyker Heights real estate market had 46 homes for sale in November 2024, a 20.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 26 | 18 | -30.8% |
Summary: The Dyker Heights 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 increased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 30.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Dyker Heights, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Dyker Heights in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Dyker Heights, NY
How long does it take to sell a home in Dyker Heights, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 87 Days | 31 Days | -64.2% |
Summary: Homes in Dyker Heights had an average of 31 days on market in Nov 2024, down by 64.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dyker Heights are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Dyker Heights; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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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.