$8,894 Closing Credit*
$749,000
1,277 SqFt
3 Beds
•2 Full Baths
Listing Office: Sailing Home Realty of L I LLC
Is North Massapequa, 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, North Massapequa has remained a Seller's Market.
Key Takeaway
North Massapequa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Massapequa, NY
How much do homes in North Massapequa, NY cost?
Median Sold Price
$720,000
$434/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$70,000(+10.8%)
Key Takeaway
Homes in North Massapequa have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in North Massapequa was $720,000 in October 2024, up 10.8% from last year, and the median price per square foot was $434.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $510K | - | N/A |
| 2 Bedrooms | $486K | $638K | +31.3% |
| 3 Bedrooms | $640K | $699.5K | +9.3% |
| 4 Bedrooms | $679.5K | $730K | +7.4% |
| 5+ Bedrooms | $740K | $737.5K | -0.3% |
Summary: North Massapequa 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 31.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 0.3%.
Median Sold Price Compared To Nearby Neighborhoods
| North Massapequa | $650K | $720K | +10.8% |
| South Farmingdale | $605K | $670K | +10.7% |
| Levittown | $600K | $660K | +10.0% |
| North Wantagh | $625K | $675K | +8.0% |
| Plainedge | $642.7K | $690K | +7.4% |
Housing Supply in North Massapequa, NY
How many homes are available in North Massapequa, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 57 | 0.0% |
Summary: The North Massapequa real estate market had 57 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 25 | 23 | -8.0% |
| 4 Bedrooms | 25 | 27 | +8.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The North Massapequa 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 decreased by 8%, 4 bedroom homes increased by 8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Massapequa, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in North Massapequa in October 2024, up by 10.0% month-over-month. Of the 11 sold homes, 9% were sold under asking, 18% were sold at asking, and 73% were sold over asking.
Days on Market for North Massapequa, NY
How long does it take to sell a home in North Massapequa, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 42 Days | +46.7% |
Summary: Homes in North Massapequa had an average of 42 days on market in Oct 2024, up by 46.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Massapequa are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in North Massapequa; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% 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.