$10,000 Closing Credit*
$1,399,000
4 Beds
•3 Full Baths
Listing Office: Compass Greater NY LLC
Is Neponsit, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Neponsit was a Seller's Market.
Key Takeaway
Neponsit is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Neponsit, NY
How much do homes in Neponsit, NY cost?
Median Sold Price
$862,500
$512/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$184,999(-17.7%)
Key Takeaway
Homes in Neponsit have sold for 17.7% less than they did a year ago.
Summary: The median home sold price in Neponsit was $862,500 in September 2024, down 17.7% from last year, and the median price per square foot was $512.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210K | N/A |
| 2 Bedrooms | $900K | $618.5K | -31.3% |
| 3 Bedrooms | $720K | $850K | +18.1% |
| 4 Bedrooms | $1.1M | $1.5M | +40.8% |
| 5+ Bedrooms | $1.3M | $1.3M | 0.5% |
Summary: Neponsit housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.3%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 40.8%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Belle Harbor | $800K | $850K | +6.3% |
| The Rockaways | $680K | $652.6K | -4.0% |
| Neponsit | $1.0M | $862.5K | -17.7% |
Housing Supply in Neponsit, NY
How many homes are available in Neponsit, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The Neponsit real estate market had 23 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Neponsit housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Neponsit, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Neponsit in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Neponsit, NY
How long does it take to sell a home in Neponsit, NY?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 112 Days | 196 Days | +75.0% |
Summary: Homes in Neponsit had an average of 196 days on market in Sep 2024, up by 75% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Neponsit are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Neponsit; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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.