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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Lindenhurst is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, North Lindenhurst was a Seller's Market.

Key Takeaway

North Lindenhurst is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Lindenhurst, NY

How much do homes in North Lindenhurst, NY cost?

Median Sold Price

$586,000

$379/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$46,000(+8.5%)

Key Takeaway

Homes in North Lindenhurst have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in North Lindenhurst was $586,000 in November 2024, up 8.5% from last year, and the median price per square foot was $379.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $438K$520K
+18.7%
3 $525K$557.5K
+6.2%
4 $570K$610K
+7.0%
5+ $673K$720K
+7.0%

Summary: North Lindenhurst housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 7%.

Median Sold Price Compared To Nearby Neighborhoods

East Farmingdale
+19.6%
Town of Babylon
+10.8%
North Lindenhurst
+8.5%
West Babylon
+7.3%

Housing Supply in North Lindenhurst, NY

How many homes are available in North Lindenhurst, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3337+12.1%

Summary: The North Lindenhurst real estate market had 37 homes for sale in November 2024, a 12.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1417
+21.4%
4 911
+22.2%
5+ 77
0.0%

Summary: The North Lindenhurst 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 increased by 21.4%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

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 North Lindenhurst, 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 North Lindenhurst in November 2024, down by 25.0% 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 North Lindenhurst, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
65 Days35 Days-46.1%

Summary: Homes in North Lindenhurst had an average of 35 days on market in Nov 2024, down by 46.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Lindenhurst has remained consistent over time.

Summary: During November 2024, 3 homes were sold in North Lindenhurst; 33% of homes were sold within 30 days, 67% 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 17 Days Ago

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