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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wantagh is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Wantagh was a Buyer's Market.

Key Takeaway

Wantagh is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Wantagh, NY

How much do homes in Wantagh, NY cost?

Median Sold Price

$800,000

$440/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$90,000(+12.7%)

Key Takeaway

Homes in Wantagh have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in Wantagh was $800,000 in October 2024, up 12.7% from last year, and the median price per square foot was $440.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $299.9K$355K
+18.3%
2 $425K$598K
+40.7%
3 $672.5K$800K
+19.0%
4 $732.5K$780K
+6.5%
5+ $850K$945K
+11.2%

Summary: Wantagh housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes increased by 40.7%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Neighborhoods

Seaford
+17.0%
Wantagh
+12.7%
North Bellmore
+11.1%
Bellmore
+10.5%
North Wantagh
+8.0%

Housing Supply in Wantagh, NY

How many homes are available in Wantagh, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5153+3.9%

Summary: The Wantagh real estate market had 53 homes for sale in October 2024, a 3.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 10
-100.0%
3 1715
-11.8%
4 2024
+20.0%
5+ 1112
+9.1%

Summary: The Wantagh 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 decreased by 100%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

1 Home Was 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 Wantagh, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Wantagh in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% were sold over asking.

Days on Market for Wantagh, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days19 Days-48.6%

Summary: Homes in Wantagh had an average of 19 days on market in Oct 2024, down by 48.6% compared to last year.

Breakdown of Home Sale Times

6 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 Wantagh are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Wantagh; 75% of homes were sold within 30 days, 25% 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 4 Days Ago

Newest Listings in Wantagh, NY

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