$10,000 Closing Credit*
$1,098,000
1,986 SqFt
4 Beds
•2 Full Baths
Listing Office: Howard Hanna Coach
Is Syosset, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Syosset has remained a Seller's Market.
Key Takeaway
Syosset is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Syosset, NY
How much do homes in Syosset, NY cost?
Median Sold Price
$1,039,000
$498/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$94,000(+9.9%)
Key Takeaway
Homes in Syosset have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Syosset was $1,039,000 in October 2024, up 9.9% from last year, and the median price per square foot was $498.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $712.5K | - | N/A |
| 3 Bedrooms | $880K | $915K | +4.0% |
| 4 Bedrooms | $933K | $998K | +7.0% |
| 5+ Bedrooms | $1.3M | $1.5M | +10.7% |
Summary: Syosset housing prices by bedroom type for October 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 increased by 4%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 10.7%.
Housing Supply in Syosset, NY
How many homes are available in Syosset, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 | 88 | -2.2% |
Summary: The Syosset real estate market had 88 homes for sale in October 2024, a 2.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 24 | 23 | -4.2% |
| 4 Bedrooms | 30 | 30 | 0.0% |
| 5+ Bedrooms | 36 | 35 | -2.8% |
Summary: The Syosset housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 2.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 15 | -31.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Syosset, 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 Syosset in October 2024, down by 31.8% month-over-month. Of the 15 sold homes, 67% were sold under asking, 20% were sold at asking, and 13% were sold over asking.
Days on Market for Syosset, NY
How long does it take to sell a home in Syosset, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 45 Days | -16.8% |
Summary: Homes in Syosset had an average of 45 days on market in Oct 2024, down by 16.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Syosset are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Syosset; 47% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 20% 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.