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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holbrook is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Holbrook, NY

How much do homes in Holbrook, NY cost?

Median Sold Price

$600,000

$319/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$57,250(+10.5%)

Key Takeaway

Homes in Holbrook have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in Holbrook was $600,000 in October 2024, up 10.5% from last year, and the median price per square foot was $319.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $350K-
N/A
2 $389.5K$462.5K
+18.7%
3 $530K$575K
+8.5%
4 $585K$640K
+9.4%
5+ $589.5K$630K
+6.9%

Summary: Holbrook 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 18.7%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 6.9%.

Median Sold Price Compared To Nearby Neighborhoods

Holtsville
+17.2%
North Patchogue
+15.3%
Holbrook
+10.5%
Lake Ronkonkoma
+6.4%
Ronkonkoma
+2.9%

Housing Supply in Holbrook, NY

How many homes are available in Holbrook, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6673+10.6%

Summary: The Holbrook real estate market had 73 homes for sale in October 2024, a 10.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 2831
+10.7%
4 1924
+26.3%
5+ 87
-12.5%

Summary: The Holbrook 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 remained the same, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1714-17.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holbrook, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Holbrook in October 2024, down by 17.6% month-over-month. Of the 14 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.

Days on Market for Holbrook, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days30 Days+2.8%

Summary: Homes in Holbrook had an average of 30 days on market in Oct 2024, up by 2.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 14 homes were sold in Holbrook; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% 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

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