Is Nassau, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nassau is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Nassau has remained a Seller's Market.

Key Takeaway

Nassau is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Nassau, NY

How much do homes in Nassau, NY cost?

Median Sold Price

$252,500

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,000(+6.8%)

Key Takeaway

Homes in Nassau have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Nassau was $252,500 in October 2024, up 6.8% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $70K$42.5K
-39.3%
2 $190.2K$207.3K
+9.0%
3 $245.1K$310K
+26.5%
4 $298K$328.7K
+10.3%
5+ $200K$251.7K
+25.9%

Summary: Nassau housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.3%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 25.9%.

Median Sold Price Compared To Nearby Cities

Nassau
+6.8%
Schodack
+4.7%

Housing Supply in Nassau, NY

How many homes are available in Nassau, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1516+6.7%

Summary: The Nassau real estate market had 16 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 76
-14.3%
4 46
+50.0%
5+ 12
+100.0%

Summary: The Nassau 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 decreased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nassau, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Nassau in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Nassau, NY

How long does it take to sell a home in Nassau, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days21 Days-34.7%

Summary: Homes in Nassau had an average of 21 days on market in Oct 2024, down by 34.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nassau are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Nassau; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Nassau, NY

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