Is Sunnyside, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunnyside is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Sunnyside has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Sunnyside, NY

How much do homes in Sunnyside, NY cost?

Median Sold Price

$777,650

$863/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$165,150(+27.0%)

Key Takeaway

Homes in Sunnyside have sold for 27% more than they did a year ago.

Summary: The median home sold price in Sunnyside was $777,650 in November 2024, up 27% from last year, and the median price per square foot was $863.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $379.5K$380K
0.1%
2 $573K$1.1M
+105.5%
3 $950K$1.1M
+21.1%
4 $1.0M$1.0M
-2.4%
5+ $1.3M$1.3M
-3.0%

Summary: Sunnyside housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 105.5%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Neighborhoods

Sunnyside
+27.0%
Northwestern Queens
+15.1%
Long Island City
+7.4%
Maspeth
+2.3%
Woodside
-4.7%

Housing Supply in Sunnyside, NY

How many homes are available in Sunnyside, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
105101-3.8%

Summary: The Sunnyside real estate market had 101 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4950
+2.0%
2 2623
-11.5%
3 1312
-7.7%
4 34
+33.3%
5+ 1412
-14.3%

Summary: The Sunnyside housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2%, 2 bedroom homes decreased by 11.5%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1310-23.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunnyside, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Sunnyside in November 2024, down by 23.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 40% were sold at asking, and 30% were sold over asking.

Days on Market for Sunnyside, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
61 Days79 Days+30.1%

Summary: Homes in Sunnyside had an average of 79 days on market in Nov 2024, up by 30.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sunnyside has remained consistent over time.

Summary: During November 2024, 10 homes were sold in Sunnyside; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 Sunnyside, NY

Nearby Markets to Sunnyside, NY