$11,950,000
4,401 SqFt
4 Beds
•5 Full Baths
#RPLU-21923254160, Leslie Coleman, Listing Office: Brown Harris Stevens Residential Sales LLC
Is Lenox Hill, 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, Lenox Hill has remained a Buyer's Market.
Key Takeaway
Lenox Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lenox Hill, NY
How much do homes in Lenox Hill, NY cost?
Median Sold Price
$1,598,333
$1,321/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$160,238(+11.1%)
Key Takeaway
Homes in Lenox Hill have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Lenox Hill was $1,598,333 in October 2024, up 11.1% from last year, and the median price per square foot was $1,321.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $739.5K | $780K | +5.5% |
| 2 Bedrooms | $1.5M | $1.6M | +2.0% |
| 3 Bedrooms | $2.7M | $2.7M | -2.5% |
| 4 Bedrooms | $4.5M | $4.6M | +2.2% |
| 5+ Bedrooms | $10.9M | $12.7M | +16.6% |
Summary: Lenox Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 16.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Lenox Hill | $1.4M | $1.5M | +11.1% |
| Sutton Place | $950K | $1.0M | +7.2% |
| Upper East Side | $1.4M | $1.4M | +1.4% |
| Midtown East | $1.1M | $1.1M | -1.0% |
| Central Park | $1.8M | $1.8M | -2.6% |
Housing Supply in Lenox Hill, NY
How many homes are available in Lenox Hill, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 786 | 765 | -2.7% |
Summary: The Lenox Hill real estate market had 765 homes for sale in October 2024, a 2.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 218 | 210 | -3.7% |
| 2 Bedrooms | 243 | 243 | 0.0% |
| 3 Bedrooms | 142 | 137 | -3.5% |
| 4 Bedrooms | 89 | 83 | -6.7% |
| 5+ Bedrooms | 94 | 92 | -2.1% |
Summary: The Lenox Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 2.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 73 | +9.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
62 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lenox Hill, expect to pay close to the asking price. 84.9% of homes here sold near the asking price last month.
Summary: A total of 73 homes were sold or pending in Lenox Hill in October 2024, up by 9.0% month-over-month. Of the 73 sold homes, 15% were sold under asking, 85% were sold at asking, and 0% were sold over asking.
Days on Market for Lenox Hill, NY
We’re sorry, we don't have information for this market at the moment
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