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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wyandanch is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Wyandanch was a Seller's Market.

Key Takeaway

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

Housing Prices in Wyandanch, NY

How much do homes in Wyandanch, NY cost?

Median Sold Price

$500,000

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$51,950(+11.6%)

Key Takeaway

Homes in Wyandanch have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Wyandanch was $500,000 in November 2024, up 11.6% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $385K-
N/A
2 $366.2K$310K
-15.4%
3 $420K$440K
+4.8%
4 $467.5K$530K
+13.4%
5+ $532.5K$565K
+6.1%

Summary: Wyandanch 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 decreased by 15.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Neighborhoods

Melville
+15.4%
Wyandanch
+11.6%
Deer Park
+11.0%
West Babylon
+7.3%
Wheatley Heights
+3.7%

Housing Supply in Wyandanch, NY

How many homes are available in Wyandanch, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5857-1.7%

Summary: The Wyandanch real estate market had 57 homes for sale in November 2024, a 1.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 32
-33.3%
3 1817
-5.6%
4 1415
+7.1%
5+ 2322
-4.3%

Summary: The Wyandanch housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 4.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wyandanch, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Wyandanch in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.

Days on Market for Wyandanch, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days47 Days+20.9%

Summary: Homes in Wyandanch had an average of 47 days on market in Nov 2024, up by 20.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Wyandanch; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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 18 Days Ago

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