$9,203 Closing Credit*
$775,000
1,300 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Greene Realty Group
Is Lynbrook, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Lynbrook has remained a Seller's Market.
Key Takeaway
Lynbrook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lynbrook, NY
How much do homes in Lynbrook, NY cost?
Median Sold Price
$705,000
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$70,000(+11.0%)
Key Takeaway
Homes in Lynbrook have sold for 11% more than they did a year ago.
Summary: The median home sold price in Lynbrook was $705,000 in December 2024, up 11% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $309K | $305K | -1.3% |
| 2 Bedrooms | $410K | $414K | +1.0% |
| 3 Bedrooms | $645K | $722.5K | +12.0% |
| 4 Bedrooms | $685.5K | $760K | +10.9% |
| 5+ Bedrooms | $822.5K | $810K | -1.5% |
Summary: Lynbrook housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 1.5%.
Median Sold Price Compared To Nearby Cities
| Malverne | $665K | $739.5K | +11.2% |
| Lynbrook | $635K | $705K | +11.0% |
| East Rockaway | $572.5K | $632.3K | +10.5% |
| Valley Stream | $650K | $700K | +7.7% |
| Rockville Centre | $772.6K | $783.3K | +1.4% |
Housing Supply in Lynbrook, NY
How many homes are available in Lynbrook, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 97 | 95 | -2.1% |
Summary: The Lynbrook real estate market had 95 homes for sale in December 2024, a 2.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 20 | +25.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 31 | 27 | -12.9% |
| 4 Bedrooms | 24 | 24 | 0.0% |
| 5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The Lynbrook housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 19 | +58.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lynbrook, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Lynbrook in December 2024, up by 58.3% month-over-month. Of the 19 sold homes, 53% were sold under asking, 5% were sold at asking, and 42% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 23 Days | 57 Days | +144.0% |
Summary: Homes in Lynbrook had an average of 57 days on market in Dec 2024, up by 144% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 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 December 2024, 19 homes were sold in Lynbrook; 47% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 16% 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.