$799,990
3 Beds
•3 Full Baths
Listing Office: Coldwell Banker American Homes
October 2024
Report Updated 8 Days Ago
Is Franklin Square, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Franklin Square has remained a Seller's Market.
How much do homes in Franklin Square, NY cost?
$760,000
$455/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Franklin Square was $760,000 in October 2024, up 13% from last year, and the median price per square foot was $455.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $537.5K | $570K | +6.0% |
3 Bedrooms | $640K | $725K | +13.3% |
4 Bedrooms | $695K | $755K | +8.6% |
5+ Bedrooms | $862.5K | $885K | +2.6% |
Summary: Franklin Square 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%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 2.6%.
Garden City South | $710K | $892.5K | +25.7% |
Franklin Square | $672.5K | $760K | +13.0% |
Town of Hempstead | $635K | $698.9K | +10.1% |
Elmont | $610K | $665K | +9.0% |
West Hempstead | $632.5K | $689K | +8.9% |
How many homes are available in Franklin Square, NY?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
93 | 90 | -3.2% |
Summary: The Franklin Square real estate market had 90 homes for sale in October 2024, a 3.2% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 33 | 32 | -3.0% |
4 Bedrooms | 29 | 34 | +17.2% |
5+ Bedrooms | 28 | 23 | -17.9% |
Summary: The Franklin Square 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 decreased by 100%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 17.9%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
20 | 16 | -20.0% |
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Franklin Square in October 2024, down by 20.0% month-over-month. Of the 16 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.
How long does it take to sell a home in Franklin Square, NY?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
55 Days | 58 Days | +4.4% |
Summary: Homes in Franklin Square had an average of 58 days on market in Oct 2024, up by 4.4% compared to last year.
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During October 2024, 16 homes were sold in Franklin Square; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% 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 8 Days Ago
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Based on information from OneKey MLS for the period 11/01/2022 - 11/01/2024
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 11/8/2024, 9:11:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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