Is Town of Huntington, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Town of Huntington is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Town of Huntington has remained a Seller's Market.

Key Takeaway

Town of Huntington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Town of Huntington, NY

How much do homes in Town of Huntington, NY cost?

Median Sold Price

$807,234

$399/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$68,727(+9.3%)

Key Takeaway

Homes in Town of Huntington have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Town of Huntington was $807,234 in October 2024, up 9.3% from last year, and the median price per square foot was $399.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $330K$385K
+16.7%
2 $557K$619K
+11.1%
3 $667.9K$714.3K
+6.9%
4 $780K$850K
+9.0%
5+ $1.1M$1.1M
+6.8%

Summary: Town of Huntington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 6.8%.

Median Sold Price Compared To Nearby Neighborhoods

Centerport
+13.3%
Greenlawn
+13.2%
Town of Huntington
+9.3%
Halesite
+4.3%
Eatons Neck
0.2%

Housing Supply in Town of Huntington, NY

How many homes are available in Town of Huntington, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
890871-2.1%

Summary: The Town of Huntington real estate market had 871 homes for sale in October 2024, a 2.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 89
+12.5%
2 7569
-8.0%
3 256242
-5.5%
4 331317
-4.2%
5+ 220234
+6.4%

Summary: The Town of Huntington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 6.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
184152-17.4%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

92 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Town of Huntington, you could pay more than the asking price. 60.5% of homes here sold above asking price last month.

Summary: A total of 152 homes were sold or pending in Town of Huntington in October 2024, down by 17.4% month-over-month. Of the 152 sold homes, 30% were sold under asking, 9% were sold at asking, and 61% were sold over asking.

Days on Market for Town of Huntington, NY

How long does it take to sell a home in Town of Huntington, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days41 Days-5.0%

Summary: Homes in Town of Huntington had an average of 41 days on market in Oct 2024, down by 5% compared to last year.

Breakdown of Home Sale Times

97 Homes Were Sold
Under 30 Days

39 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Town of Huntington are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 152 homes were sold in Town of Huntington; 64% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 11% 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 17 Days Ago

Newest Listings in Town of Huntington, NY

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