$10,000 Closing Credit*
$1,679,000
2,922 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Avid Homes Inc
Is Woodmere, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Woodmere was a Seller's Market.
Key Takeaway
Woodmere is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Woodmere, NY
How much do homes in Woodmere, NY cost?
Median Sold Price
$990,000
$412/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+4.2%)
Key Takeaway
Homes in Woodmere have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Woodmere was $990,000 in October 2024, up 4.2% from last year, and the median price per square foot was $412.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $190K | +8.6% |
| 2 Bedrooms | $365K | $427.8K | +17.2% |
| 3 Bedrooms | $784K | $845K | +7.8% |
| 4 Bedrooms | $881K | $979K | +11.1% |
| 5+ Bedrooms | $1.2M | $1.2M | -4.3% |
Summary: Woodmere housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Rosedale | $668K | $721.5K | +8.0% |
| Southeastern Queens | $650K | $680.7K | +4.7% |
| Woodmere | $950K | $990K | +4.2% |
| Hewlett | $625K | $650K | +4.0% |
| South Valley Stream | $799K | $785K | -1.8% |
Housing Supply in Woodmere, NY
How many homes are available in Woodmere, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 70 | 76 | +8.6% |
Summary: The Woodmere real estate market had 76 homes for sale in October 2024, a 8.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 26 | 32 | +23.1% |
| 5+ Bedrooms | 29 | 30 | +3.4% |
Summary: The Woodmere 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 decreased by 12.5%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 3.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Woodmere, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Woodmere in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Woodmere, NY
How long does it take to sell a home in Woodmere, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 72 Days | +45.0% |
Summary: Homes in Woodmere had an average of 72 days on market in Oct 2024, up by 45% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Woodmere are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in Woodmere; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.