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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eltingville is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Eltingville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Eltingville, NY

How much do homes in Eltingville, NY cost?

Median Sold Price

$720,000

$428/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$20,000(+2.9%)

Key Takeaway

Homes in Eltingville have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Eltingville was $720,000 in December 2024, up 2.9% from last year, and the median price per square foot was $428.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$438.5K
N/A
2 $590K$537K
-9.0%
3 $690K$721.4K
+4.6%
4 $865K$740.8K
-14.4%
5+ $860K$940K
+9.3%

Summary: Eltingville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes increased by 9.3%.

Median Sold Price Compared To Nearby Neighborhoods

South Shore
+3.8%
Eltingville
+2.9%

Housing Supply in Eltingville, NY

How many homes are available in Eltingville, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2726-3.7%

Summary: The Eltingville real estate market had 26 homes for sale in December 2024, a 3.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 44
0.0%
3 1513
-13.3%
4 46
+50.0%
5+ 32
-33.3%

Summary: The Eltingville housing inventory by bedroom type for December 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 13.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Eltingville in December 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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

Dec 2023Dec 2024CHANGE
21 Days35 Days+62.1%

Summary: Homes in Eltingville had an average of 35 days on market in Dec 2024, up by 62.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 5 homes were sold in Eltingville; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 7 Days Ago

Newest Listings in Eltingville, NY

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