$10,000 Closing Credit*
$1,299,999
3,100 SqFt
5 Beds
•3 Full Baths
Listing Office: Real Broker NY LLC
Is Merrick, 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, Merrick has remained a Buyer's Market.
Key Takeaway
Merrick is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Merrick, NY
How much do homes in Merrick, NY cost?
Median Sold Price
$810,000
$423/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,100(+3.9%)
Key Takeaway
Homes in Merrick have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Merrick was $810,000 in November 2024, up 3.9% from last year, and the median price per square foot was $423.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $500K | N/A |
| 2 Bedrooms | $515K | $475K | -7.8% |
| 3 Bedrooms | $635K | $700K | +10.2% |
| 4 Bedrooms | $820K | $875K | +6.7% |
| 5+ Bedrooms | $880K | $984.5K | +11.9% |
Summary: Merrick housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.8%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Neighborhoods
| North Merrick | $662.5K | $790K | +19.2% |
| North Bellmore | $700K | $772.5K | +10.4% |
| Town of Hempstead | $638.1K | $700K | +9.7% |
| Bellmore | $679.5K | $739K | +8.8% |
| Merrick | $779.9K | $810K | +3.9% |
Housing Supply in Merrick, NY
How many homes are available in Merrick, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 80 | +3.9% |
Summary: The Merrick real estate market had 80 homes for sale in November 2024, a 3.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 23 | 23 | 0.0% |
| 4 Bedrooms | 37 | 42 | +13.5% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Merrick housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 7 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Merrick, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Merrick in November 2024, down by 50.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Merrick, NY
How long does it take to sell a home in Merrick, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 40 Days | +3.3% |
Summary: Homes in Merrick had an average of 40 days on market in Nov 2024, up by 3.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Merrick has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Merrick; 14% of homes were sold within 30 days, 86% 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. 
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.