$3,503 Closing Credit*
$295,000
678 SqFt
1 Bed
•1 Full Bath
#487213, Listing Office: Revived Residential
Is Neponsit, 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, 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
$850,000
$509/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$149,999(-15.0%)
Key Takeaway
Homes in Neponsit have sold for 15% less than they did a year ago.
Summary: The median home sold price in Neponsit was $850,000 in October 2024, down 15% from last year, and the median price per square foot was $509.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | - | N/A |
| 2 Bedrooms | $900K | $618.5K | -31.3% |
| 3 Bedrooms | $720K | $820K | +13.9% |
| 4 Bedrooms | $1.3M | $1.8M | +35.7% |
| 5+ Bedrooms | $1.3M | $1.3M | 0.5% |
Summary: Neponsit 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 decreased by 31.3%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Belle Harbor | $790K | $850K | +7.6% |
| The Rockaways | $680K | $672.7K | -1.1% |
| Neponsit | $999.9K | $850K | -15.0% |
Housing Supply in Neponsit, NY
How many homes are available in Neponsit, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 24 | +14.3% |
Summary: The Neponsit real estate market had 24 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Neponsit housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was 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. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Neponsit in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 180 Days | 47 Days | -73.9% |
Summary: Homes in Neponsit had an average of 47 days on market in Oct 2024, down by 73.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Neponsit are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Neponsit; 50% of homes were sold within 30 days, 50% 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.