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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glendale is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Glendale was a Neutral Market.

Key Takeaway

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

Housing Prices in Glendale, NY

How much do homes in Glendale, NY cost?

Median Sold Price

$870,000

$456/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+4.5%)

Key Takeaway

Homes in Glendale have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Glendale was $870,000 in November 2024, up 4.5% from last year, and the median price per square foot was $456.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $466.5K-
N/A
2 $622.5K$640K
+2.8%
3 $792.5K$814K
+2.7%
4 $895K$885K
-1.1%
5+ $1.0M$1.0M
-3.7%

Summary: Glendale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 3.7%.

Median Sold Price Compared To Nearby Neighborhoods

Woodhaven
+7.6%
Glendale
+4.5%
Middle Village
+1.2%

Housing Supply in Glendale, NY

How many homes are available in Glendale, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8776-12.6%

Summary: The Glendale real estate market had 76 homes for sale in November 2024, a 12.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1412
-14.3%
3 2925
-13.8%
4 139
-30.8%
5+ 3130
-3.2%

Summary: The Glendale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes decreased by 3.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
189-50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Glendale in November 2024, down by 50.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% 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

Nov 2023Nov 2024CHANGE
94 Days70 Days-25.1%

Summary: Homes in Glendale had an average of 70 days on market in Nov 2024, down by 25.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Glendale; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% 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 17 Days Ago

Newest Listings in Glendale, NY

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