$6,876 Closing Credit*
$579,000
850 SqFt
1 Bed
•1 Full Bath, 1 Partial
Listing Office: Douglas Elliman Real Estate
Is Long Beach, 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, Long Beach has remained a Buyer's 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
$752,500
$603/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$105,000(+16.2%)
Key Takeaway
Homes in Long Beach have sold for 16.2% more than they did a year ago.
Summary: The median home sold price in Long Beach was $752,500 in November 2024, up 16.2% from last year, and the median price per square foot was $603.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $457.5K | +11.6% |
| 2 Bedrooms | $595K | $750K | +26.1% |
| 3 Bedrooms | $744.5K | $765K | +2.8% |
| 4 Bedrooms | $865K | $977.5K | +13.0% |
| 5+ Bedrooms | $965.4K | $965K | 0% |
Summary: Long Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 26.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 13%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lawrence | $602.5K | $779.5K | +29.4% |
| Long Beach | $647.5K | $752.5K | +16.2% |
Housing Supply in Long Beach, NY
How many homes are available in Long Beach, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 208 | 209 | 0.5% |
Summary: The Long Beach real estate market had 209 homes for sale in November 2024, a 0.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 52 | 56 | +7.7% |
| 2 Bedrooms | 38 | 38 | 0.0% |
| 3 Bedrooms | 44 | 44 | 0.0% |
| 4 Bedrooms | 41 | 40 | -2.4% |
| 5+ Bedrooms | 33 | 31 | -6.1% |
Summary: The Long Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 6.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 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. 57.1% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Long Beach in November 2024, up by 3.7% month-over-month. Of the 28 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 76 Days | 54 Days | -28.3% |
Summary: Homes in Long Beach had an average of 54 days on market in Nov 2024, down by 28.3% compared to last year.
Breakdown of Home Sale Times
10 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 Long Beach has remained consistent over time.
Summary: During November 2024, 28 homes were sold in Long Beach; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 21% 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.