$10,000 Closing Credit*
$879,000
1,414 SqFt
4 Beds
•3 Full Baths
Listing Office: Floral Homes Inc
Is North New Hyde Park, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, North New Hyde Park was a Seller's Market.
Key Takeaway
North New Hyde Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North New Hyde Park, NY
How much do homes in North New Hyde Park, NY cost?
Median Sold Price
$842,500
$581/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$54,500(+6.9%)
Key Takeaway
Homes in North New Hyde Park have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in North New Hyde Park was $842,500 in November 2024, up 6.9% from last year, and the median price per square foot was $581.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $560K | $680K | +21.4% |
| 3 Bedrooms | $740K | $776.5K | +4.9% |
| 4 Bedrooms | $782.5K | $899.5K | +15.0% |
| 5+ Bedrooms | $950K | $815K | -14.2% |
Summary: North New Hyde Park 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 21.4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 14.2%.
Median Sold Price Compared To Nearby Neighborhoods
| North New Hyde Park | $788K | $842.5K | +6.9% |
| Manhasset Hills | $1.3M | $1.3M | +5.7% |
| Floral Park | $740K | $769K | +3.9% |
| Glen Oaks | $375K | $355K | -5.3% |
Housing Supply in North New Hyde Park, NY
How many homes are available in North New Hyde Park, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 54 | -5.3% |
Summary: The North New Hyde Park real estate market had 54 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 21 | 19 | -9.5% |
| 4 Bedrooms | 23 | 25 | +8.7% |
| 5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The North New Hyde Park 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 remained the same, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North New Hyde Park, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in North New Hyde Park in November 2024, down by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for North New Hyde Park, NY
How long does it take to sell a home in North New Hyde Park, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 30 Days | -36.9% |
Summary: Homes in North New Hyde Park had an average of 30 days on market in Nov 2024, down by 36.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North New Hyde Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in North New Hyde Park; 60% of homes were sold within 30 days, 40% 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.