$4,738 Closing Credit*
$399,000
1,000 SqFt
3 Beds
•2 Full Baths
Listing Office: Top Realty Incorporated
Is South Valley Stream, 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 Valley Stream has remained a Seller's Market.
Key Takeaway
South Valley Stream is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Valley Stream, NY
How much do homes in South Valley Stream, NY cost?
Median Sold Price
$831,500
$414/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$56,500(+7.3%)
Key Takeaway
Homes in South Valley Stream have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in South Valley Stream was $831,500 in December 2024, up 7.3% from last year, and the median price per square foot was $414.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $550K | - | N/A |
| 3 Bedrooms | $735K | $685K | -6.8% |
| 4 Bedrooms | $750K | $856K | +14.1% |
| 5+ Bedrooms | $999.5K | $999K | -0.1% |
Summary: South Valley Stream housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Town of Hempstead | $640.2K | $709.7K | +10.8% |
| Woodmere | $950K | $1.0M | +9.5% |
| South Valley Stream | $775K | $831.5K | +7.3% |
Housing Supply in South Valley Stream, NY
How many homes are available in South Valley Stream, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The South Valley Stream real estate market had 23 homes for sale in December 2024, a 4.5% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The South Valley Stream 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Valley Stream, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in South Valley Stream in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for South Valley Stream, NY
How long does it take to sell a home in South Valley Stream, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 34 Days | 83 Days | +142.5% |
Summary: Homes in South Valley Stream had an average of 83 days on market in Dec 2024, up by 142.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South Valley Stream are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in South Valley Stream; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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.