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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Hills is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, East Hills was a Buyer's Market.

Key Takeaway

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

Housing Prices in East Hills, NY

How much do homes in East Hills, NY cost?

Median Sold Price

$1,716,500

$529/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$306,500(+21.7%)

Key Takeaway

Homes in East Hills have sold for 21.7% more than they did a year ago.

Summary: The median home sold price in East Hills was $1,716,500 in November 2024, up 21.7% from last year, and the median price per square foot was $529.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $678K-
N/A
3 $1.1M$1.2M
+14.0%
4 $1.3M$1.6M
+16.2%
5+ $1.6M$2.0M
+20.9%

Summary: East 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 did not change, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 20.9%.

Median Sold Price Compared To Nearby Cities

East Hills
+21.7%
Roslyn
+15.2%
North Hempstead
+9.9%

Housing Supply in East Hills, NY

How many homes are available in East Hills, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
19190.0%

Summary: The East Hills real estate market had 19 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 86
-25.0%
5+ 78
+14.3%

Summary: The East 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 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Hills, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in East Hills in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for East Hills, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days71 Days+49.5%

Summary: Homes in East Hills had an average of 71 days on market in Nov 2024, up by 49.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in East Hills; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in East Hills, NY

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