$7,113 Closing Credit*
$599,000
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Desimone Real Estate
Is East Massapequa, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, East Massapequa was a Seller's Market.
Key Takeaway
East Massapequa is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in East Massapequa, NY
How much do homes in East Massapequa, NY cost?
Median Sold Price
$676,000
$400/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$43,000(+6.8%)
Key Takeaway
Homes in East Massapequa have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in East Massapequa was $676,000 in October 2024, up 6.8% from last year, and the median price per square foot was $400.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $450K | N/A |
| 2 Bedrooms | $570K | $606.5K | +6.4% |
| 3 Bedrooms | $620K | $620K | 0.0% |
| 4 Bedrooms | $649K | $707K | +8.9% |
| 5+ Bedrooms | $825K | $775K | -6.1% |
Summary: East Massapequa 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 6.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Neighborhoods
| North Amityville | $452.5K | $515K | +13.8% |
| South Farmingdale | $605K | $670K | +10.7% |
| Nassau Shores | $764.5K | $829K | +8.4% |
| Bar Harbour | $846.5K | $910K | +7.5% |
| East Massapequa | $633K | $676K | +6.8% |
Housing Supply in East Massapequa, NY
How many homes are available in East Massapequa, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 69 | -10.4% |
Summary: The East Massapequa real estate market had 69 homes for sale in October 2024, a 10.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 29 | 26 | -10.3% |
| 4 Bedrooms | 24 | 23 | -4.2% |
| 5+ Bedrooms | 21 | 17 | -19.0% |
Summary: The East Massapequa 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 10.3%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 19%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 11 | -52.2% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Massapequa, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in East Massapequa in October 2024, down by 52.2% month-over-month. Of the 11 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for East Massapequa, NY
How long does it take to sell a home in East Massapequa, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 37 Days | +39.2% |
Summary: Homes in East Massapequa had an average of 37 days on market in Oct 2024, up by 39.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Massapequa are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in East Massapequa; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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.