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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Uniondale is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Uniondale was a Seller's Market.

Key Takeaway

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

Housing Prices in Uniondale, NY

How much do homes in Uniondale, NY cost?

Median Sold Price

$600,000

$447/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+9.1%)

Key Takeaway

Homes in Uniondale have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Uniondale was $600,000 in October 2024, up 9.1% from last year, and the median price per square foot was $447.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $350K-
N/A
2 $375K$542.5K
+44.7%
3 $530K$567.5K
+7.1%
4 $570K$615K
+7.9%
5+ $580K$660K
+13.8%

Summary: Uniondale 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 increased by 44.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 13.8%.

Median Sold Price Compared To Nearby Neighborhoods

North Merrick
+17.4%
East Garden City
+16.7%
East Meadow
+13.1%
Uniondale
+9.1%
Roosevelt
+3.7%

Housing Supply in Uniondale, NY

How many homes are available in Uniondale, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4753+12.8%

Summary: The Uniondale real estate market had 53 homes for sale in October 2024, a 12.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 1315
+15.4%
4 2122
+4.8%
5+ 1112
+9.1%

Summary: The Uniondale 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 increased by 100%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
770.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 7 homes were sold or pending in Uniondale in October 2024, the same as the previous month. Of the 7 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Uniondale, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days20 Days-47.3%

Summary: Homes in Uniondale had an average of 20 days on market in Oct 2024, down by 47.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Uniondale; 71% of homes were sold within 30 days, 29% 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 22 Days Ago

Newest Listings in Uniondale, NY

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