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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glendale is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Glendale, NY

How much do homes in Glendale, NY cost?

Median Sold Price

$870,000

$477/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+3.6%)

Key Takeaway

Homes in Glendale have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Glendale was $870,000 in October 2024, up 3.6% from last year, and the median price per square foot was $477.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $466.5K-
N/A
2 $622.5K$655K
+5.2%
3 $792.5K$805K
+1.6%
4 $895K$880K
-1.7%
5+ $1.0M$999.9K
-5.9%

Summary: Glendale 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 5.2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Neighborhoods

Woodhaven
+7.1%
Glendale
+3.6%
Middle Village
-1.5%

Housing Supply in Glendale, NY

How many homes are available in Glendale, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8790+3.4%

Summary: The Glendale real estate market had 90 homes for sale in October 2024, a 3.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 812
+50.0%
3 3031
+3.3%
4 1312
-7.7%
5+ 3635
-2.8%

Summary: The Glendale 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 increased by 50%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 2.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1216+33.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glendale, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Glendale in October 2024, up by 33.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.

Days on Market for Glendale, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
76 Days137 Days+80.4%

Summary: Homes in Glendale had an average of 137 days on market in Oct 2024, up by 80.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 16 homes were sold in Glendale; 13% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% 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 15 Days Ago

Newest Listings in Glendale, NY

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