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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitestone is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Whitestone has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Whitestone, NY

How much do homes in Whitestone, NY cost?

Median Sold Price

$833,949

$545/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$61,051(-6.8%)

Key Takeaway

Homes in Whitestone have sold for 6.8% less than they did a year ago.

Summary: The median home sold price in Whitestone was $833,949 in November 2024, down 6.8% from last year, and the median price per square foot was $545.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $215K$227.5K
+5.8%
2 $325.5K$370K
+13.7%
3 $955K$885K
-7.3%
4 $999K$990K
-0.9%
5+ $1.5M$1.5M
0.0%

Summary: Whitestone housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 13.7%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Bay Terrace
+15.2%
Auburndale
+5.3%
Northeastern Queens
+4.7%
Whitestone
-6.8%
Beechhurst
-7.4%

Housing Supply in Whitestone, NY

How many homes are available in Whitestone, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
100102+2.0%

Summary: The Whitestone real estate market had 102 homes for sale in November 2024, a 2.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1819
+5.6%
2 2325
+8.7%
3 2520
-20.0%
4 1614
-12.5%
5+ 1824
+33.3%

Summary: The Whitestone housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1612-25.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitestone, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Whitestone in November 2024, down by 25.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.

Days on Market for Whitestone, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days84 Days+73.8%

Summary: Homes in Whitestone had an average of 84 days on market in Nov 2024, up by 73.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Whitestone has remained consistent over time.

Summary: During November 2024, 12 homes were sold in Whitestone; 17% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in Whitestone, NY

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