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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Wantagh is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, North Wantagh has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Wantagh, NY

How much do homes in North Wantagh, NY cost?

Median Sold Price

$675,000

$427/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+8.0%)

Key Takeaway

Homes in North Wantagh have sold for 8% more than they did a year ago.

Summary: The median home sold price in North Wantagh was $675,000 in October 2024, up 8% from last year, and the median price per square foot was $427.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $454.5K$415K
-8.7%
2 $580.3K$600K
+3.4%
3 $626.2K$681K
+8.7%
4 $636K$650K
+2.2%
5+ $700K$749K
+7.0%

Summary: North Wantagh housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 7%.

Median Sold Price Compared To Nearby Neighborhoods

Seaford
+17.0%
Wantagh
+12.7%
North Massapequa
+10.8%
Levittown
+10.0%
North Wantagh
+8.0%

Housing Supply in North Wantagh, NY

How many homes are available in North Wantagh, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4539-13.3%

Summary: The North Wantagh real estate market had 39 homes for sale in October 2024, a 13.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 22
0.0%
3 1513
-13.3%
4 1716
-5.9%
5+ 97
-22.2%

Summary: The North Wantagh housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Wantagh, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in North Wantagh in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.

Days on Market for North Wantagh, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days31 Days-36.7%

Summary: Homes in North Wantagh had an average of 31 days on market in Oct 2024, down by 36.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were 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

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

Summary: During October 2024, 8 homes were sold in North Wantagh; 75% of homes were sold within 30 days, 25% 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 21 Days Ago

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