Is Lido Beach, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lido Beach is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Lido Beach has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Lido Beach, NY

How much do homes in Lido Beach, NY cost?

Median Sold Price

$1,600,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$1,035,000(+183.2%)

Key Takeaway

Homes in Lido Beach have sold for 183.2% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$540K
N/A
2 $565K-
N/A
3 --
N/A
4 -$2.0M
N/A
5+ --
N/A

Summary: Lido Beach housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Lido Beach
+183.2%
Point Lookout
+20.1%

Housing Supply in Lido Beach, NY

How many homes are available in Lido Beach, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3033+10.0%

Summary: The Lido Beach real estate market had 33 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 88
0.0%
3 44
0.0%
4 1314
+7.7%
5+ 23
+50.0%

Summary: The Lido Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lido Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Lido Beach in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lido Beach, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
102 Days185 Days+81.9%

Summary: Homes in Lido Beach had an average of 185 days on market in Oct 2024, up by 81.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Lido Beach are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in Lido Beach; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

Newest Listings in Lido Beach, NY

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