Is Plandome Manor, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plandome Manor is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Plandome Manor has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Plandome Manor, NY

How much do homes in Plandome Manor, NY cost?

Median Sold Price

$2,505,000

$679/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$270,000(-9.7%)

Key Takeaway

Homes in Plandome Manor have sold for 9.7% less than they did a year ago.

Summary: The median home sold price in Plandome Manor was $2,505,000 in October 2024, down 9.7% from last year, and the median price per square foot was $679.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $999K$2.1M
+115.2%
4 $1.8M$2.1M
+13.7%
5+ $3.5M$3.8M
+7.9%

Summary: Plandome Manor 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 did not change, 3 bedroom homes increased by 115.2%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 7.9%.

Median Sold Price Compared To Nearby Cities

Flower Hill
+46.1%
North Hempstead
+10.0%
Plandome Manor
-9.7%

Housing Supply in Plandome Manor, NY

How many homes are available in Plandome Manor, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
64-33.3%

Summary: The Plandome Manor real estate market had 4 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 00
0.0%
5+ 64
-33.3%

Summary: The Plandome Manor 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plandome Manor, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Plandome Manor in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Plandome Manor, NY

How long does it take to sell a home in Plandome Manor, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
137 Days12 Days-91.2%

Summary: Homes in Plandome Manor had an average of 12 days on market in Oct 2024, down by 91.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Plandome Manor; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Plandome Manor, NY

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What housing markets are near Plandome Manor, NY?