$8,313 Closing Credit*
$700,000
1,848 SqFt
3 Beds
•2 Full Baths
Listing Office: Leatherman Homes
Is New Cassel, 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, New Cassel has remained a Buyer's Market.
Key Takeaway
New Cassel is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in New Cassel, NY
How much do homes in New Cassel, NY cost?
Median Sold Price
$600,000
$404/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$70,000(+13.2%)
Key Takeaway
Homes in New Cassel have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in New Cassel was $600,000 in October 2024, up 13.2% from last year, and the median price per square foot was $404.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $410.2K | $470K | +14.6% |
| 3 Bedrooms | $535K | $575K | +7.5% |
| 4 Bedrooms | $510K | $600K | +17.6% |
| 5+ Bedrooms | $547.5K | $630K | +15.1% |
Summary: New Cassel 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 increased by 14.6%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Jericho | $1.0M | $1.1M | +15.8% |
| Hicksville | $640K | $735K | +14.8% |
| Salisbury | $690K | $785K | +13.8% |
| New Cassel | $530K | $600K | +13.2% |
| Town of Oyster Bay | $745K | $826.3K | +10.9% |
Housing Supply in New Cassel, NY
How many homes are available in New Cassel, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Summary: The New Cassel real estate market had 33 homes for sale in October 2024, a 6.5% increase 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 | 6 | 8 | +33.3% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The New Cassel 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 increased by 33.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Cassel, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in New Cassel in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for New Cassel, NY
How long does it take to sell a home in New Cassel, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 71 Days | 106 Days | +49.3% |
Summary: Homes in New Cassel had an average of 106 days on market in Oct 2024, up by 49.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in New Cassel are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in New Cassel; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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.