$2,750,000
5 Beds
•3 Full Baths, 1 Partial
Listing Office: EXP Realty
Is Muttontown, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Muttontown was a Buyer's Market.
Key Takeaway
Muttontown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Muttontown, NY
How much do homes in Muttontown, NY cost?
Median Sold Price
$1,790,000
$485/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$180,000(-9.1%)
Key Takeaway
Homes in Muttontown have sold for 9.1% less than they did a year ago.
Summary: The median home sold price in Muttontown was $1,790,000 in October 2024, down 9.1% from last year, and the median price per square foot was $485.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.2M | $1.3M | +7.4% |
| 4 Bedrooms | $1.8M | $1.6M | -9.7% |
| 5+ Bedrooms | $2.1M | $2.4M | +13.1% |
Summary: Muttontown 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 increased by 7.4%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
| Upper Brookville | $2.2M | $2.7M | +25.1% |
| Oyster Bay | $742.7K | $823.8K | +10.9% |
| Muttontown | $1.9M | $1.7M | -9.1% |
Housing Supply in Muttontown, NY
How many homes are available in Muttontown, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 33 | -13.2% |
Summary: The Muttontown real estate market had 33 homes for sale in October 2024, a 13.2% 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 | 3 | 1 | -66.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 28 | 25 | -10.7% |
Summary: The Muttontown 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Muttontown, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Muttontown in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Muttontown, NY
How long does it take to sell a home in Muttontown, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 193 Days | 97 Days | -49.5% |
Summary: Homes in Muttontown had an average of 97 days on market in Oct 2024, down by 49.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Muttontown has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Muttontown; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% 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.