$2,880,000
3,890 SqFt
5 Beds
•5 Full Baths
Listing Office: AAA Young Shuen Realty Inc
Is Oakland Gardens, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Oakland Gardens has remained a Neutral Market.
Key Takeaway
Oakland Gardens is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Oakland Gardens, NY
How much do homes in Oakland Gardens, NY cost?
Median Sold Price
$365,000
$606/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+7.4%)
Key Takeaway
Homes in Oakland Gardens have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Oakland Gardens was $365,000 in November 2024, up 7.4% from last year, and the median price per square foot was $606.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.7K | $270K | +13.6% |
| 2 Bedrooms | $325.2K | $335K | +3.0% |
| 3 Bedrooms | $795K | $950K | +19.5% |
| 4 Bedrooms | $1.1M | $1.1M | +2.6% |
| 5+ Bedrooms | $1.4M | $1.4M | +5.7% |
Summary: Oakland Gardens housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Bayside | $492K | $850K | +72.8% |
| Bellaire | $660K | $725K | +9.8% |
| Oakland Gardens | $340K | $365K | +7.4% |
| Douglaston | $397.5K | $385.5K | -3.0% |
Housing Supply in Oakland Gardens, NY
How many homes are available in Oakland Gardens, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 161 | 164 | +1.9% |
Summary: The Oakland Gardens real estate market had 164 homes for sale in November 2024, a 1.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 44 | 42 | -4.5% |
| 2 Bedrooms | 68 | 70 | +2.9% |
| 3 Bedrooms | 28 | 30 | +7.1% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Oakland Gardens housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.5%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oakland Gardens, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Oakland Gardens in November 2024, up by 13.6% month-over-month. Of the 25 sold homes, 60% were sold under asking, 28% were sold at asking, and 12% were sold over asking.
Days on Market for Oakland Gardens, NY
How long does it take to sell a home in Oakland Gardens, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 64 Days | +10.3% |
Summary: Homes in Oakland Gardens had an average of 64 days on market in Nov 2024, up by 10.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Oakland Gardens has remained consistent over time.
Summary: During November 2024, 25 homes were sold in Oakland Gardens; 28% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 16% 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.