$689,000
0.11 Acres
Land
Listing Office: ROCKAWAY PROPERTIES
Is Rockaway Beach, 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, Rockaway Beach has remained a Seller's Market.
Key Takeaway
Rockaway Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rockaway Beach, NY
How much do homes in Rockaway Beach, NY cost?
Median Sold Price
$430,000
$492/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$150,000(-25.9%)
Key Takeaway
Homes in Rockaway Beach have sold for 25.9% less than they did a year ago.
Summary: The median home sold price in Rockaway Beach was $430,000 in November 2024, down 25.9% from last year, and the median price per square foot was $492.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $325K | 0.0% |
| 2 Bedrooms | $610K | $495K | -18.9% |
| 3 Bedrooms | - | $430K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $945K | $1.1M | +20.6% |
Summary: Rockaway Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 20.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Rockaway Park | $599K | $650K | +8.5% |
| The Rockaways | $680K | $650K | -4.4% |
| Seaside | $672.5K | $560K | -16.7% |
| Rockaway Beach | $580K | $430K | -25.9% |
Housing Supply in Rockaway Beach, NY
How many homes are available in Rockaway Beach, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The Rockaway Beach real estate market had 20 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rockaway Beach 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 decreased by 6.7%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rockaway Beach, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Rockaway Beach in November 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Rockaway Beach, NY
How long does it take to sell a home in Rockaway Beach, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 137 Days | 222 Days | +61.9% |
Summary: Homes in Rockaway Beach had an average of 222 days on market in Nov 2024, up by 61.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Rockaway Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 6 homes were sold in Rockaway Beach; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 83% 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.