$10,000 Closing Credit*
$2,495,000
1,436 SqFt
3 Beds
•2 Full Baths, 1 Partial
#RPLU-33423252927, Jessica Buchman, Listing Office: Corcoran Group
Is Greenwood Heights, 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, Greenwood Heights has remained a Buyer's Market.
Key Takeaway
Greenwood Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Greenwood Heights, NY
How much do homes in Greenwood Heights, NY cost?
Median Sold Price
$1,260,000
$1,118/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$465,000(-27.0%)
Key Takeaway
Homes in Greenwood Heights have sold for 27% less than they did a year ago.
Summary: The median home sold price in Greenwood Heights was $1,260,000 in October 2024, down 27% from last year, and the median price per square foot was $1,118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $705K | $595K | -15.6% |
| 2 Bedrooms | $1.4M | $1.2M | -12.1% |
| 3 Bedrooms | $1.7M | $1.7M | -2.6% |
| 4 Bedrooms | $2.1M | $1.4M | -34.9% |
| 5+ Bedrooms | $1.8M | $1.2M | -31.1% |
Summary: Greenwood Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.6%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 34.9%, and 5+ bedroom homes decreased by 31.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Windsor Terrace | $999K | $1.1M | +14.2% |
| South Brooklyn | $1.6M | $1.6M | -1.2% |
| South Slope | $1.6M | $1.5M | -6.3% |
| Greenwood Heights | $1.7M | $1.2M | -27.0% |
Housing Supply in Greenwood Heights, NY
How many homes are available in Greenwood Heights, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 49 | -9.3% |
Summary: The Greenwood Heights real estate market had 49 homes for sale in October 2024, a 9.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 14 | 10 | -28.6% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 4 | 1 | -75.0% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Greenwood Heights 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 28.6%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenwood Heights, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Greenwood Heights in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Greenwood Heights, NY
We’re sorry, we don't have information for this market at the moment
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