$5,320 Closing Credit*
$448,000
512 SqFt
1 Bed
•1 Full Bath
Listing Office: P R O Links Realty Inc
Is Pomonok, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Pomonok was a Seller's Market.
Key Takeaway
Pomonok 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 Pomonok, NY
How much do homes in Pomonok, NY cost?
Median Sold Price
$867,500
$635/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$25,000(-2.8%)
Key Takeaway
Homes in Pomonok have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in Pomonok was $867,500 in October 2024, down 2.8% from last year, and the median price per square foot was $635.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $330K | -14.3% |
| 2 Bedrooms | $578K | $551.5K | -4.6% |
| 3 Bedrooms | $795K | $817.5K | +2.8% |
| 4 Bedrooms | $980K | $980K | 0.0% |
| 5+ Bedrooms | $1.4M | $1.2M | -12.1% |
Summary: Pomonok housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 12.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Hillcrest | $950K | $990K | +4.2% |
| Northeastern Queens | $718K | $741.2K | +3.2% |
| Queensboro Hill | $976.5K | $998K | +2.2% |
| Pomonok | $892.5K | $867.5K | -2.8% |
Housing Supply in Pomonok, NY
How many homes are available in Pomonok, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 60 | +13.2% |
Summary: The Pomonok real estate market had 60 homes for sale in October 2024, a 13.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 19 | 23 | +21.1% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Pomonok housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 9 | +125.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pomonok, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Pomonok in October 2024, up by 125.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.
Days on Market for Pomonok, NY
How long does it take to sell a home in Pomonok, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 117 Days | 70 Days | -39.5% |
Summary: Homes in Pomonok had an average of 70 days on market in Oct 2024, down by 39.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pomonok are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Pomonok; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% 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. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.