Is Flower Hill, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Flower Hill is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Flower Hill has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Flower Hill, NY

How much do homes in Flower Hill, NY cost?

Median Sold Price

$2,512,500

$724/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$792,500(+46.1%)

Key Takeaway

Homes in Flower Hill have sold for 46.1% more than they did a year ago.

Summary: The median home sold price in Flower Hill was $2,512,500 in October 2024, up 46.1% from last year, and the median price per square foot was $724.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.1M$1.6M
+47.3%
4 $1.4M$2.3M
+65.2%
5+ $2.3M$3.4M
+46.8%

Summary: Flower Hill 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 did not change, 3 bedroom homes increased by 47.3%, 4 bedroom homes increased by 65.2%, and 5+ bedroom homes increased by 46.8%.

Median Sold Price Compared To Nearby Cities

Flower Hill
+46.1%
Munsey Park
+37.9%
Roslyn
+15.4%
Plandome Manor
-9.7%

Housing Supply in Flower Hill, NY

How many homes are available in Flower Hill, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2528+12.0%

Summary: The Flower Hill real estate market had 28 homes for sale in October 2024, a 12.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 77
0.0%
5+ 1619
+18.8%

Summary: The Flower Hill 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 18.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 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 Flower Hill, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Flower Hill in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Flower Hill, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days22 Days-55.3%

Summary: Homes in Flower Hill had an average of 22 days on market in Oct 2024, down by 55.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Flower Hill; 67% of homes were sold within 30 days, 33% 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 16 Days Ago

Newest Listings in Flower Hill, NY

Nearby Markets to Flower Hill, NY

What housing markets are near Flower Hill, NY?