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 November 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

$685,000

$426/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$56,000(+8.9%)

Key Takeaway

Homes in North Wantagh have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in North Wantagh was $685,000 in November 2024, up 8.9% from last year, and the median price per square foot was $426.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $454.5K$415K
-8.7%
2 $596.3K$600K
+0.6%
3 $629K$690K
+9.7%
4 $640.5K$668.5K
+4.4%
5+ $690.5K$750K
+8.6%

Summary: North Wantagh housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 8.6%.

Median Sold Price Compared To Nearby Neighborhoods

Seaford
+16.1%
Levittown
+11.2%
North Massapequa
+10.9%
Wantagh
+9.9%
North Wantagh
+8.9%

Housing Supply in North Wantagh, NY

How many homes are available in North Wantagh, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3943+10.3%

Summary: The North Wantagh real estate market had 43 homes for sale in November 2024, a 10.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 22
0.0%
3 1314
+7.7%
4 1617
+6.3%
5+ 79
+28.6%

Summary: The North Wantagh 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 increased by 7.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

3 Homes Were 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 Wantagh, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in North Wantagh in November 2024, up by 25.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% 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

Nov 2023Nov 2024CHANGE
33 Days42 Days+26.4%

Summary: Homes in North Wantagh had an average of 42 days on market in Nov 2024, up by 26.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 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 Wantagh has remained consistent over time.

Summary: During November 2024, 10 homes were sold in North Wantagh; 40% of homes were sold within 30 days, 60% 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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