Is North Amityville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Amityville is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, North Amityville was a Buyer's Market.

Key Takeaway

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

Housing Prices in North Amityville, NY

How much do homes in North Amityville, NY cost?

Median Sold Price

$515,000

$397/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$57,500(+12.6%)

Key Takeaway

Homes in North Amityville have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in North Amityville was $515,000 in November 2024, up 12.6% from last year, and the median price per square foot was $397.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $245K$272K
+11.0%
2 $250K$442.5K
+77.0%
3 $460K$475K
+3.3%
4 $477K$610K
+27.9%
5+ $549.7K$640K
+16.4%

Summary: North Amityville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11%, 2 bedroom homes increased by 77%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 27.9%, and 5+ bedroom homes increased by 16.4%.

Median Sold Price Compared To Nearby Neighborhoods

East Farmingdale
+19.6%
North Amityville
+12.6%
Town of Babylon
+10.8%
North Lindenhurst
+8.5%
Copiague
+7.2%

Housing Supply in North Amityville, NY

How many homes are available in North Amityville, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4641-10.9%

Summary: The North Amityville real estate market had 41 homes for sale in November 2024, a 10.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 32
-33.3%
3 2220
-9.1%
4 1110
-9.1%
5+ 87
-12.5%

Summary: The North Amityville housing inventory by bedroom type for November 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 9.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Amityville, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in North Amityville in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% were sold over asking.

Days on Market for North Amityville, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days45 Days+41.8%

Summary: Homes in North Amityville had an average of 45 days on market in Nov 2024, up by 41.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in North Amityville; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 21 Days Ago

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