Is Sparrow Bush, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sparrow Bush is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Sparrow Bush was a Seller's Market.

Key Takeaway

Sparrow Bush is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sparrow Bush, NY

How much do homes in Sparrow Bush, NY cost?

Median Sold Price

$195,000

$183/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$270,000(-58.1%)

Key Takeaway

Homes in Sparrow Bush have sold for 58.1% less than they did a month ago.

Summary: The median home sold price in Sparrow Bush was $195,000 in November 2024, down 58.1% from last month, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $205K$195K
-4.9%
3 $465K-
N/A
4 $680K-
N/A
5+ --
N/A

Summary: Sparrow Bush 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 decreased by 4.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Deerpark
-42.4%
Sparrow Bush
-58.1%

Housing Supply in Sparrow Bush, NY

How many homes are available in Sparrow Bush, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1716-5.9%

Summary: The Sparrow Bush real estate market had 16 homes for sale in November 2024, a 5.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1210
-16.7%
4 21
-50.0%
5+ 12
+100.0%

Summary: The Sparrow Bush 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 increased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sparrow Bush, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Sparrow Bush in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Sparrow Bush, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
69 Days29 Days-58.0%

Summary: Homes in Sparrow Bush had an average of 29 days on market in Nov 2024, down by 58% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Sparrow Bush; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Sparrow Bush, NY

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