$9,251 Closing Credit*
$779,000
4 Beds
•2 Full Baths
Listing Office: Signature Premier Properties
Is Lynbrook, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lynbrook was a Seller's Market.
Key Takeaway
Lynbrook is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lynbrook, NY
How much do homes in Lynbrook, NY cost?
Median Sold Price
$685,000
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$66,000(+10.7%)
Key Takeaway
Homes in Lynbrook have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Lynbrook was $685,000 in November 2024, up 10.7% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $305K | +1.7% |
| 2 Bedrooms | $407.5K | $414K | +1.6% |
| 3 Bedrooms | $630K | $710K | +12.7% |
| 4 Bedrooms | $670K | $749K | +11.8% |
| 5+ Bedrooms | $822.5K | $830K | +0.9% |
Summary: Lynbrook housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Cities
| Lynbrook | $619K | $685K | +10.7% |
| East Rockaway | $570K | $622.5K | +9.2% |
| Malverne | $665K | $715K | +7.5% |
| Valley Stream | $649.5K | $685K | +5.5% |
| Rockville Centre | $755.5K | $779.5K | +3.2% |
Housing Supply in Lynbrook, NY
How many homes are available in Lynbrook, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 95 | +5.6% |
Summary: The Lynbrook real estate market had 95 homes for sale in November 2024, a 5.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 16 | +23.1% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 31 | 32 | +3.2% |
| 4 Bedrooms | 24 | 23 | -4.2% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The Lynbrook housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lynbrook, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Lynbrook in November 2024, down by 16.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for Lynbrook, NY
How long does it take to sell a home in Lynbrook, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 24 Days | -40.6% |
Summary: Homes in Lynbrook had an average of 24 days on market in Nov 2024, down by 40.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lynbrook are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Lynbrook; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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.