Is West Hills, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Hills is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, West Hills was a Neutral Market.

Key Takeaway

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

Housing Prices in West Hills, NY

How much do homes in West Hills, NY cost?

Median Sold Price

$897,500

$409/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$172,500(+23.8%)

Key Takeaway

Homes in West Hills have sold for 23.8% more than they did a year ago.

Summary: The median home sold price in West Hills was $897,500 in October 2024, up 23.8% from last year, and the median price per square foot was $409.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $435K$782K
+79.8%
3 $700K$739K
+5.6%
4 $776K$895K
+15.3%
5+ $1.1M$1.2M
+9.7%

Summary: West Hills 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 79.8%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 9.7%.

Median Sold Price Compared To Nearby Neighborhoods

West Hills
+23.8%
Melville
+17.7%
Woodbury
+17.1%
South Huntington
+14.9%
Huntington Station
+11.6%

Housing Supply in West Hills, NY

How many homes are available in West Hills, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2628+7.7%

Summary: The West Hills real estate market had 28 homes for sale in October 2024, a 7.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 78
+14.3%
4 1114
+27.3%
5+ 86
-25.0%

Summary: The West Hills 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 increased by 14.3%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Hills, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in West Hills in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for West Hills, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
72 Days19 Days-73.1%

Summary: Homes in West Hills had an average of 19 days on market in Oct 2024, down by 73.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in West Hills; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in West Hills, NY

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