Is Eltingville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eltingville is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Eltingville was a Seller's Market.

Key Takeaway

Eltingville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Eltingville, NY

How much do homes in Eltingville, NY cost?

Median Sold Price

$662,500

$451/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$105,000(-13.7%)

Key Takeaway

Homes in Eltingville have sold for 13.7% less than they did a month ago.

Summary: The median home sold price in Eltingville was $662,500 in October 2024, down 13.7% from last month, and the median price per square foot was $451.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $775K$475K
-38.7%
3 $760K$787.5K
+3.6%
4 --
N/A
5+ -$700K
N/A

Summary: Eltingville housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Arden Heights
+31.6%
South Shore
+6.7%
Eltingville
-13.7%

Housing Supply in Eltingville, NY

How many homes are available in Eltingville, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3334+3.0%

Summary: The Eltingville real estate market had 34 homes for sale in October 2024, a 3.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 56
+20.0%
3 1716
-5.9%
4 78
+14.3%
5+ 34
+33.3%

Summary: The Eltingville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eltingville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Eltingville in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Eltingville, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
19 Days67 Days+246.6%

Summary: Homes in Eltingville had an average of 67 days on market in Oct 2024, up by 246.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Eltingville has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Eltingville; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 22 Days Ago

Newest Listings in Eltingville, NY

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