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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenlawn is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Greenlawn, NY

How much do homes in Greenlawn, NY cost?

Median Sold Price

$744,000

$414/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$85,500(+13.0%)

Key Takeaway

Homes in Greenlawn have sold for 13% more than they did a year ago.

Summary: The median home sold price in Greenlawn was $744,000 in November 2024, up 13% from last year, and the median price per square foot was $414.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $497.5K$508.7K
+2.3%
3 $560K$645K
+15.2%
4 $699K$787.5K
+12.7%
5+ $850K$987.5K
+16.2%

Summary: Greenlawn 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 2.3%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 16.2%.

Median Sold Price Compared To Nearby Neighborhoods

Greenlawn
+13.0%
Huntington Station
+12.1%
Elwood
+6.1%
East Northport
+4.5%

Housing Supply in Greenlawn, NY

How many homes are available in Greenlawn, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3534-2.9%

Summary: The Greenlawn real estate market had 34 homes for sale in November 2024, a 2.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 912
+33.3%
4 1511
-26.7%
5+ 910
+11.1%

Summary: The Greenlawn 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 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
990.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenlawn, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Greenlawn in November 2024, the same as the previous month. Of the 9 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% were sold over asking.

Days on Market for Greenlawn, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days41 Days+23.2%

Summary: Homes in Greenlawn had an average of 41 days on market in Nov 2024, up by 23.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Greenlawn; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 Greenlawn, NY

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