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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lakeview is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Lakeview, NY

How much do homes in Lakeview, NY cost?

Median Sold Price

$622,500

$378/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,500(+4.1%)

Key Takeaway

Homes in Lakeview have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Lakeview was $622,500 in October 2024, up 4.1% from last year, and the median price per square foot was $378.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $394K$405.1K
+2.8%
3 $554.5K$607.5K
+9.6%
4 $600K$575K
-4.2%
5+ $605K$801.5K
+32.5%

Summary: Lakeview 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 2.8%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 32.5%.

Median Sold Price Compared To Nearby Neighborhoods

Town of Hempstead
+10.1%
West Hempstead
+8.9%
Lakeview
+4.1%
Rockville Center
0.0%

Housing Supply in Lakeview, NY

How many homes are available in Lakeview, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2627+3.8%

Summary: The Lakeview real estate market had 27 homes for sale in October 2024, a 3.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1212
0.0%
4 1011
+10.0%
5+ 33
0.0%

Summary: The Lakeview 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 remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lakeview, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Lakeview in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Lakeview, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days21 Days-56.1%

Summary: Homes in Lakeview had an average of 21 days on market in Oct 2024, down by 56.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Lakeview are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Lakeview; 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

Newest Listings in Lakeview, NY

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