$7,707 Closing Credit*
$649,000
1,480 SqFt
3 Beds
•2 Full Baths
#487587, Listing Office: Winzone Realty Inc
Is South Shore, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, South Shore was a Neutral Market.
Key Takeaway
South Shore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Shore, NY
How much do homes in South Shore, NY cost?
Median Sold Price
$770,000
$391/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$48,556(+6.7%)
Key Takeaway
Homes in South Shore have sold for 6.7% more than they did a month ago.
Summary: The median home sold price in South Shore was $770,000 in October 2024, up 6.7% from last month, and the median price per square foot was $391.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $358K | - | N/A |
| 2 Bedrooms | $614.4K | $492K | -19.9% |
| 3 Bedrooms | $710K | $660K | -7.0% |
| 4 Bedrooms | $900K | $840K | -6.7% |
| 5+ Bedrooms | $1.1M | $917.5K | -19.9% |
Summary: South Shore housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.9%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 19.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Arden Heights | $531.9K | $700K | +31.6% |
| South Shore | $721.4K | $770K | +6.7% |
| Eltingville | $767.5K | $662.5K | -13.7% |
Housing Supply in South Shore, NY
How many homes are available in South Shore, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 126 | 123 | -2.4% |
Summary: The South Shore real estate market had 123 homes for sale in October 2024, a 2.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 54 | 51 | -5.6% |
| 4 Bedrooms | 40 | 39 | -2.5% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The South Shore housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 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. 75% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in South Shore in October 2024, down by 20.0% month-over-month. Of the 16 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 100 Days | +20.8% |
Summary: Homes in South Shore had an average of 100 days on market in Oct 2024, up by 20.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Shore has remained consistent over time.
Summary: During October 2024, 16 homes were sold in South Shore; 19% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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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. 
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