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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shirley is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Shirley, NY

How much do homes in Shirley, NY cost?

Median Sold Price

$494,000

$326/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$66,750(+15.6%)

Key Takeaway

Homes in Shirley have sold for 15.6% more than they did a year ago.

Summary: The median home sold price in Shirley was $494,000 in October 2024, up 15.6% from last year, and the median price per square foot was $326.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $355K$260K
-26.8%
2 $360K$390K
+8.3%
3 $415K$475K
+14.5%
4 $460K$536K
+16.5%
5+ $500K$590K
+18.0%

Summary: Shirley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.8%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 18%.

Median Sold Price Compared To Nearby Neighborhoods

Yaphank
+41.9%
Mastic Beach
+15.7%
Shirley
+15.6%
Mastic
+14.3%
Town of Brookhaven
+12.7%

Housing Supply in Shirley, NY

How many homes are available in Shirley, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
165162-1.8%

Summary: The Shirley real estate market had 162 homes for sale in October 2024, a 1.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1414
0.0%
3 8684
-2.3%
4 4543
-4.4%
5+ 1921
+10.5%

Summary: The Shirley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3628-22.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shirley, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in Shirley in October 2024, down by 22.2% month-over-month. Of the 28 sold homes, 21% were sold under asking, 14% were sold at asking, and 64% were sold over asking.

Days on Market for Shirley, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
57 Days52 Days-9.6%

Summary: Homes in Shirley had an average of 52 days on market in Oct 2024, down by 9.6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 28 homes were sold in Shirley; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% 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 17 Days Ago

Newest Listings in Shirley, NY

Nearby Markets to Shirley, NY