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 November 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

$609,000

$451/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$59,000(+10.7%)

Key Takeaway

Homes in Uniondale have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Uniondale was $609,000 in November 2024, up 10.7% from last year, and the median price per square foot was $451.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $420K$595K
+41.7%
3 $530K$570K
+7.5%
4 $585K$620K
+6.0%
5+ $580K$680K
+17.2%

Summary: Uniondale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 17.2%.

Median Sold Price Compared To Nearby Neighborhoods

North Merrick
+19.2%
East Garden City
+15.2%
East Meadow
+12.5%
Uniondale
+10.7%
Roosevelt
+5.0%

Housing Supply in Uniondale, NY

How many homes are available in Uniondale, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5448-11.1%

Summary: The Uniondale real estate market had 48 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1714
-17.6%
4 2221
-4.5%
5+ 1110
-9.1%

Summary: The Uniondale 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 decreased by 25%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 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. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Uniondale in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% 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

Nov 2023Nov 2024CHANGE
40 Days41 Days+1.8%

Summary: Homes in Uniondale had an average of 41 days on market in Nov 2024, up by 1.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 6 homes were sold in Uniondale; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 23 Days Ago

Newest Listings in Uniondale, NY

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