$6,757 Closing Credit*
$569,000
1,995 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Aliano Real Estate
Is Selden, 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, Selden was a Seller's Market.
Key Takeaway
Selden 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 Selden, NY
How much do homes in Selden, NY cost?
Median Sold Price
$530,000
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$61,000(+13.0%)
Key Takeaway
Homes in Selden have sold for 13% more than they did a year ago.
Summary: The median home sold price in Selden was $530,000 in October 2024, up 13% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $312.5K | +20.2% |
| 2 Bedrooms | $375K | $420K | +12.0% |
| 3 Bedrooms | $460.2K | $500K | +8.6% |
| 4 Bedrooms | $525K | $577.5K | +10.0% |
| 5+ Bedrooms | $549.5K | $590K | +7.4% |
Summary: Selden housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.2%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Selden | $469K | $530K | +13.0% |
| Terryville | $500K | $559.7K | +11.9% |
| Centereach | $520K | $575K | +10.6% |
| Farmingville | $519.7K | $565.5K | +8.8% |
| Coram | $439.5K | $445.9K | +1.5% |
Housing Supply in Selden, NY
How many homes are available in Selden, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 | 83 | +6.4% |
Summary: The Selden real estate market had 83 homes for sale in October 2024, a 6.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 30 | 29 | -3.3% |
| 4 Bedrooms | 20 | 28 | +40.0% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Selden 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 decreased by 18.2%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Selden, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Selden in October 2024, down by 25.0% month-over-month. Of the 12 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for Selden, NY
How long does it take to sell a home in Selden, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 26 Days | +6.4% |
Summary: Homes in Selden had an average of 26 days on market in Oct 2024, up by 6.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Selden are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Selden; 67% of homes were sold within 30 days, 33% 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.