$3,468 Closing Credit*
$292,000
750 SqFt
2 Beds
•1 Full Bath
Listing Office: Astor Brokerage Ltd
Is Kew Gardens Hills, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Kew Gardens Hills has remained a Buyer's Market.
Key Takeaway
Kew Gardens Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kew Gardens Hills, NY
How much do homes in Kew Gardens Hills, NY cost?
Median Sold Price
$415,000
$441/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+3.8%)
Key Takeaway
Homes in Kew Gardens Hills have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Kew Gardens Hills was $415,000 in November 2024, up 3.8% from last year, and the median price per square foot was $441.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $285K | +9.6% |
| 2 Bedrooms | $364K | $379.5K | +4.3% |
| 3 Bedrooms | $810K | $900K | +11.1% |
| 4 Bedrooms | $1.0M | $1.0M | +3.2% |
| 5+ Bedrooms | $1.2M | $1.3M | +6.7% |
Summary: Kew Gardens Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.6%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Briarwood | $301K | $347K | +15.3% |
| Pomonok | $850K | $896.5K | +5.5% |
| Kew Gardens Hills | $400K | $415K | +3.8% |
| Forest Hills | $449.7K | $450K | 0.1% |
Housing Supply in Kew Gardens Hills, NY
How many homes are available in Kew Gardens Hills, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 241 | 242 | 0.4% |
Summary: The Kew Gardens Hills real estate market had 242 homes for sale in November 2024, a 0.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 81 | 81 | 0.0% |
| 2 Bedrooms | 89 | 85 | -4.5% |
| 3 Bedrooms | 42 | 42 | 0.0% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 19 | 22 | +15.8% |
Summary: The Kew Gardens Hills 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 4.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 23 | -25.8% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kew Gardens Hills, you may be able to get a good deal. 82.6% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Kew Gardens Hills in November 2024, down by 25.8% month-over-month. Of the 23 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Kew Gardens Hills, NY
How long does it take to sell a home in Kew Gardens Hills, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 87 Days | 95 Days | +8.7% |
Summary: Homes in Kew Gardens Hills had an average of 95 days on market in Nov 2024, up by 8.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kew Gardens Hills has remained consistent over time.
Summary: During November 2024, 23 homes were sold in Kew Gardens Hills; 22% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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