$4,263 Closing Credit*
$359,000
650 SqFt
1 Bed
•1 Full Bath
Listing Office: Keller Williams Legendary
Is South Shore, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, South Shore has remained a Seller's Market.
Key Takeaway
South Shore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Shore, NY
How much do homes in South Shore, NY cost?
Median Sold Price
$738,300
$395/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$27,300(+3.8%)
Key Takeaway
Homes in South Shore have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in South Shore was $738,300 in December 2024, up 3.8% from last year, and the median price per square foot was $395.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $370.2K | $358K | -3.3% |
| 2 Bedrooms | $446.2K | $509.5K | +14.2% |
| 3 Bedrooms | $675.4K | $690K | +2.2% |
| 4 Bedrooms | $857.5K | $850K | -0.9% |
| 5+ Bedrooms | $955K | $980K | +2.6% |
Summary: South Shore housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Neighborhoods
| South Shore | $711K | $738.3K | +3.8% |
| Eltingville | $700K | $720K | +2.9% |
Housing Supply in South Shore, NY
How many homes are available in South Shore, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 108 | 89 | -17.6% |
Summary: The South Shore real estate market had 89 homes for sale in December 2024, a 17.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 50 | 42 | -16.0% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 18 | 10 | -44.4% |
Summary: The South Shore housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 44.4%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Shore, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in South Shore in December 2024, up by 15.4% month-over-month. Of the 15 sold homes, 67% were sold under asking, 13% were sold at asking, and 20% were sold over asking.
Days on Market for South Shore, NY
How long does it take to sell a home in South Shore, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 76 Days | 92 Days | +21.6% |
Summary: Homes in South Shore had an average of 92 days on market in Dec 2024, up by 21.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Shore has remained consistent over time.
Summary: During December 2024, 15 homes were sold in South Shore; 27% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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