$7,719 Closing Credit*
$649,996
2,400 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: BERKSHIRE HATHAWAY
Is Shoreham, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Shoreham has remained a Seller's Market.
Key Takeaway
Shoreham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shoreham, NY
How much do homes in Shoreham, NY cost?
Median Sold Price
$862,500
$299/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$229,500(+36.3%)
Key Takeaway
Homes in Shoreham have sold for 36.3% more than they did a month ago.
Summary: The median home sold price in Shoreham was $862,500 in November 2024, up 36.3% from last month, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $567.7K | $470K | -17.2% |
| 4 Bedrooms | $665K | $897K | +34.9% |
| 5+ Bedrooms | - | $862.5K | N/A |
Summary: Shoreham housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 17.2%, 4 bedroom homes increased by 34.9%, and 5+ bedroom homes did not change.
Housing Supply in Shoreham, NY
How many homes are available in Shoreham, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 22 | -18.5% |
Summary: The Shoreham real estate market had 22 homes for sale in November 2024, a 18.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 14 | 10 | -28.6% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Shoreham 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shoreham, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Shoreham in November 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Shoreham, NY
How long does it take to sell a home in Shoreham, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 57 Days | +39.6% |
Summary: Homes in Shoreham had an average of 57 days on market in Nov 2024, up by 39.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shoreham are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Shoreham; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.