$5,700 Closing Credit*
$479,999
648 SqFt
2 Beds
•1 Full Bath
Listing Office: Realty Maintained LLC
Is East Rockaway, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, East Rockaway has remained a Seller's Market.
Key Takeaway
East Rockaway is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Rockaway, NY
How much do homes in East Rockaway, NY cost?
Median Sold Price
$622,500
$382/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$52,500(+9.2%)
Key Takeaway
Homes in East Rockaway have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in East Rockaway was $622,500 in November 2024, up 9.2% from last year, and the median price per square foot was $382.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $262K | $270K | +3.1% |
| 2 Bedrooms | $499.2K | $486K | -2.6% |
| 3 Bedrooms | $572.5K | $600K | +4.8% |
| 4 Bedrooms | $726.2K | $710K | -2.2% |
| 5+ Bedrooms | $743.4K | $822K | +10.6% |
Summary: East Rockaway housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Cities
| Lynbrook | $619K | $685K | +10.7% |
| East Rockaway | $570K | $622.5K | +9.2% |
| Rockville Centre | $755.5K | $779.5K | +3.2% |
Housing Supply in East Rockaway, NY
How many homes are available in East Rockaway, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 57 | -8.1% |
Summary: The East Rockaway real estate market had 57 homes for sale in November 2024, a 8.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 14 | 10 | -28.6% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The East Rockaway 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 decreased by 7.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Rockaway, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in East Rockaway in November 2024, down by 16.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for East Rockaway, NY
How long does it take to sell a home in East Rockaway, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 50 Days | +0.5% |
Summary: Homes in East Rockaway had an average of 50 days on market in Nov 2024, up by 0.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Rockaway are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in East Rockaway; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% 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. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.