$5,878 Closing Credit*
$495,000
690 SqFt
1 Bed
•1 Full Bath
Listing Office: Canaan Realty International
Is Pomonok, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Pomonok was a Seller's Market.
Key Takeaway
Pomonok is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pomonok, NY
How much do homes in Pomonok, NY cost?
Median Sold Price
$896,500
$635/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,500(+5.5%)
Key Takeaway
Homes in Pomonok have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Pomonok was $896,500 in November 2024, up 5.5% from last year, and the median price per square foot was $635.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $380K | $360K | -5.3% |
| 2 Bedrooms | $720K | $560K | -22.2% |
| 3 Bedrooms | $810K | $822.5K | +1.5% |
| 4 Bedrooms | $980K | $936.5K | -4.4% |
| 5+ Bedrooms | $1.5M | $1.3M | -13.3% |
Summary: Pomonok housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.3%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 13.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Hillcrest | $920K | $987.5K | +7.3% |
| Pomonok | $850K | $896.5K | +5.5% |
| Northeastern Queens | $691.1K | $723.7K | +4.7% |
Housing Supply in Pomonok, NY
How many homes are available in Pomonok, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 57 | -1.7% |
Summary: The Pomonok real estate market had 57 homes for sale in November 2024, a 1.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 6 | +100.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 21 | 16 | -23.8% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The Pomonok housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pomonok, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Pomonok in November 2024, down by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 76 Days | 24 Days | -67.6% |
Summary: Homes in Pomonok had an average of 24 days on market in Nov 2024, down by 67.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pomonok has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Pomonok; 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.
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.