$10,000 Closing Credit*
$1,775,000
3 Beds
•3 Full Baths, 1 Partial
Listing Office: Franzese Odonovan Properties
Is Long Beach, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Long Beach was a Neutral Market.
Key Takeaway
Long Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Long Beach, NY
How much do homes in Long Beach, NY cost?
Median Sold Price
$750,000
$571/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$99,750(+15.3%)
Key Takeaway
Homes in Long Beach have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in Long Beach was $750,000 in October 2024, up 15.3% from last year, and the median price per square foot was $571.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $406.2K | $449K | +10.5% |
| 2 Bedrooms | $610K | $745K | +22.1% |
| 3 Bedrooms | $725K | $775.5K | +7.0% |
| 4 Bedrooms | $867.5K | $972.5K | +12.1% |
| 5+ Bedrooms | $957.5K | $995K | +3.9% |
Summary: Long Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Cities
| Lawrence | $549.1K | $804.5K | +46.5% |
| Long Beach | $650.2K | $750K | +15.3% |
Housing Supply in Long Beach, NY
How many homes are available in Long Beach, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 235 | 222 | -5.5% |
Summary: The Long Beach real estate market had 222 homes for sale in October 2024, a 5.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 60 | 54 | -10.0% |
| 2 Bedrooms | 40 | 37 | -7.5% |
| 3 Bedrooms | 50 | 47 | -6.0% |
| 4 Bedrooms | 38 | 44 | +15.8% |
| 5+ Bedrooms | 47 | 40 | -14.9% |
Summary: The Long Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 14.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 26 | -31.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Long Beach, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Long Beach in October 2024, down by 31.6% month-over-month. Of the 26 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for Long Beach, NY
How long does it take to sell a home in Long Beach, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 48 Days | -27.1% |
Summary: Homes in Long Beach had an average of 48 days on market in Oct 2024, down by 27.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Long Beach are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in Long Beach; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.