Is Glenwood Landing, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenwood Landing is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Glenwood Landing was a Seller's Market.

Key Takeaway

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

Housing Prices in Glenwood Landing, NY

How much do homes in Glenwood Landing, NY cost?

Median Sold Price

$1,200,000

$747/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$117,000(-8.9%)

Key Takeaway

Homes in Glenwood Landing have sold for 8.9% less than they did a year ago.

Summary: The median home sold price in Glenwood Landing was $1,200,000 in November 2024, down 8.9% from last year, and the median price per square foot was $747.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $450K-
N/A
2 $1.9M$1.5M
-21.8%
3 $810K$1.3M
+62.0%
4 $999.9K$990.5K
-0.9%
5+ $1.2M$1.1M
-4.2%

Summary: Glenwood Landing 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 decreased by 21.8%, 3 bedroom homes increased by 62%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 4.2%.

Median Sold Price Compared To Nearby Neighborhoods

Town of Oyster Bay
+10.6%
Town of North Hempstead
+10.2%
Glen Head
+10.1%
Glenwood Landing
-8.9%

Housing Supply in Glenwood Landing, NY

How many homes are available in Glenwood Landing, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1914-26.3%

Summary: The Glenwood Landing real estate market had 14 homes for sale in November 2024, a 26.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 74
-42.9%
4 64
-33.3%
5+ 22
0.0%

Summary: The Glenwood Landing 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 remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 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 Glenwood Landing, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Glenwood Landing in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Glenwood Landing, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
113 Days13 Days-88.5%

Summary: Homes in Glenwood Landing had an average of 13 days on market in Nov 2024, down by 88.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Glenwood Landing; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

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