Is Seaford, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seaford is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Seaford, NY

How much do homes in Seaford, NY cost?

Median Sold Price

$735,000

$436/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$107,000(+17.0%)

Key Takeaway

Homes in Seaford have sold for 17% more than they did a year ago.

Summary: The median home sold price in Seaford was $735,000 in October 2024, up 17% from last year, and the median price per square foot was $436.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $232K$290K
+25.0%
2 $515K$610K
+18.4%
3 $595K$690K
+16.0%
4 $670K$755K
+12.7%
5+ $750K$940K
+25.3%

Summary: Seaford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 25.3%.

Median Sold Price Compared To Nearby Neighborhoods

Seaford
+17.0%
Wantagh
+12.7%
Massapequa
+10.8%
North Wantagh
+8.0%
Massapequa Shores
+7.9%

Housing Supply in Seaford, NY

How many homes are available in Seaford, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5356+5.7%

Summary: The Seaford real estate market had 56 homes for sale in October 2024, a 5.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2120
-4.8%
4 2023
+15.0%
5+ 1011
+10.0%

Summary: The Seaford 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 decreased by 4.8%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
513+160.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seaford, you could pay more than the asking price. 76.9% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in Seaford in October 2024, up by 160.0% month-over-month. Of the 13 sold homes, 15% were sold under asking, 8% were sold at asking, and 77% were sold over asking.

Days on Market for Seaford, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days21 Days-42.0%

Summary: Homes in Seaford had an average of 21 days on market in Oct 2024, down by 42% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 13 homes were sold in Seaford; 85% of homes were sold within 30 days, 15% 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 21 Days Ago

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