$10,000 Closing Credit*
$1,499,000
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Douglas Elliman Real Estate
Is Munsey Park, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Munsey Park has remained a Seller's Market.
Key Takeaway
Munsey Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Munsey Park, NY
How much do homes in Munsey Park, NY cost?
Median Sold Price
$2,610,000
$756/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$717,000(+37.9%)
Key Takeaway
Homes in Munsey Park have sold for 37.9% more than they did a year ago.
Summary: The median home sold price in Munsey Park was $2,610,000 in October 2024, up 37.9% from last year, and the median price per square foot was $756.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.7M | $1.7M | -1.3% |
| 4 Bedrooms | $1.9M | $2.2M | +17.3% |
| 5+ Bedrooms | $2.1M | $3.0M | +41.3% |
Summary: Munsey Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 41.3%.
Median Sold Price Compared To Nearby Cities
| Flower Hill | $1.7M | $2.5M | +46.1% |
| Munsey Park | $1.8M | $2.6M | +37.9% |
| North Hempstead | $900.1K | $989.8K | +10.0% |
Housing Supply in Munsey Park, NY
How many homes are available in Munsey Park, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Summary: The Munsey Park real estate market had 3 homes for sale in October 2024, a 62.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 4 | 1 | -75.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Munsey Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Munsey Park, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Munsey Park in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Munsey Park, NY
How long does it take to sell a home in Munsey Park, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 21 Days | +133.3% |
Summary: Homes in Munsey Park had an average of 21 days on market in Oct 2024, up by 133.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Munsey Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Munsey Park; 100% of homes were sold within 30 days, 0% 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.