$10,000 Closing Credit*
$1,250,000
1,344 SqFt
3 Beds
•1 Full Bath, 1 Partial
#487414, Listing Office: E House Realty & Mgt. Inc.
Is Dyker Heights, 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, Dyker Heights has remained a Seller's Market.
Key Takeaway
Dyker Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dyker Heights, NY
How much do homes in Dyker Heights, NY cost?
Median Sold Price
$1,249,500
$702/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,500(+4.1%)
Key Takeaway
Homes in Dyker Heights have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Dyker Heights was $1,249,500 in October 2024, up 4.1% from last year, and the median price per square foot was $702.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | - | N/A |
| 2 Bedrooms | $850K | $850K | 0.0% |
| 3 Bedrooms | $1.0M | $1.1M | +11.9% |
| 4 Bedrooms | $1.2M | $1.0M | -12.8% |
| 5+ Bedrooms | $1.4M | $1.6M | +11.0% |
Summary: Dyker Heights 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 did not change, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 11%.
Median Sold Price Compared To Nearby Neighborhoods
| Bensonhurst | $1.1M | $1.2M | +6.5% |
| Dyker Heights | $1.2M | $1.2M | +4.1% |
| New Utrecht | $998K | $1.0M | +1.2% |
| Bay Ridge | $1.0M | $990K | -2.7% |
| Fort Hamilton | $550K | $507.5K | -7.7% |
Housing Supply in Dyker Heights, NY
How many homes are available in Dyker Heights, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 | 57 | -10.9% |
Summary: The Dyker Heights real estate market had 57 homes for sale in October 2024, a 10.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 23 | 14 | -39.1% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 26 | 25 | -3.8% |
Summary: The Dyker Heights housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 39.1%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 3.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dyker Heights, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Dyker Heights in October 2024, the same as the previous month. Of the 11 sold homes, 73% were sold under asking, 0% were sold at asking, and 27% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 137 Days | 85 Days | -38.1% |
Summary: Homes in Dyker Heights had an average of 85 days on market in Oct 2024, down by 38.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Dyker Heights has remained consistent over time.
Summary: During October 2024, 11 homes were sold in Dyker Heights; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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