Is Huntington, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Huntington was a Seller's Market.
Housing Prices in Huntington, NY
How much do homes in Huntington, NY cost?
Median Sold Price
$779,789
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Huntington was $779,789 in May 2024, up 7.6% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $340K | $350K | +2.9% |
2 Bedrooms | $535K | $575K | +7.5% |
3 Bedrooms | $650K | $688.1K | +5.9% |
4 Bedrooms | $751.6K | $825K | +9.8% |
5+ Bedrooms | $1.1M | $1.1M | -2.7% |
Summary: Huntington housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Cities
Northport | $845K | $927.5K | +9.8% |
Lloyd Harbor | $1.7M | $1.8M | +8.8% |
Huntington | $724.9K | $779.7K | +7.6% |
Housing Supply in Huntington, NY
How many homes are available in Huntington, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
819 | 950 | +16.0% |
Summary: The Huntington real estate market had 950 homes for sale in May 2024, a 16.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 11 | +10.0% |
2 Bedrooms | 63 | 67 | +6.3% |
3 Bedrooms | 238 | 276 | +16.0% |
4 Bedrooms | 296 | 346 | +16.9% |
5+ Bedrooms | 212 | 250 | +17.9% |
Summary: The Huntington housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 17.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
116 | 144 | +24.1% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
89 Homes Were Sold
Over Asking
Summary: A total of 144 homes were sold or pending in Huntington in May 2024, up by 24.1% month-over-month. Of the 144 sold homes, 30% were sold under asking, 8% were sold at asking, and 62% were sold over asking.
Days on Market for Huntington, NY
How long does it take to sell a home in Huntington, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
63 Days | 39 Days | -37.6% |
Summary: Homes in Huntington had an average of 39 days on market in May 2024, down by 37.6% compared to last year.
Breakdown of Home Sale Times
99 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Summary: During May 2024, 144 homes were sold in Huntington; 69% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.