Is Glen Cove, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Glen Cove has remained a Buyer's Market.
Key Takeaway
Glen Cove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Glen Cove, NY
How much do homes in Glen Cove, NY cost?
Median Sold Price
$655,000
$376/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Glen Cove have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Glen Cove was $655,000 in April 2024, up 5.4% from last year, and the median price per square foot was $376.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $283K | +4.8% |
| 2 Bedrooms | $525K | $406K | -22.7% |
| 3 Bedrooms | $599.5K | $655K | +9.3% |
| 4 Bedrooms | $690K | $755K | +9.4% |
| 5+ Bedrooms | $875K | $857.5K | -2.0% |
Summary: Glen Cove housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 22.7%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Cities
| Glen Cove | $621.5K | $655K | +5.4% |
| Oyster Bay | $729.2K | $764.7K | +4.9% |
| Sea Cliff | $907.5K | $866K | -4.6% |
Housing Supply in Glen Cove, NY
How many homes are available in Glen Cove, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 107 | 110 | +2.8% |
Summary: The Glen Cove real estate market had 110 homes for sale in April 2024, a 2.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 9 | -25.0% |
| 2 Bedrooms | 23 | 25 | +8.7% |
| 3 Bedrooms | 23 | 29 | +26.1% |
| 4 Bedrooms | 33 | 31 | -6.1% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Glen Cove housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 26.1%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 12 | -33.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glen Cove, 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 Glen Cove in April 2024, down by 33.3% month-over-month. Of the 12 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Glen Cove, NY
How long does it take to sell a home in Glen Cove, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 69 Days | +64.9% |
Summary: Homes in Glen Cove had an average of 69 days on market in Apr 2024, up by 64.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Glen Cove has remained consistent over time.
Summary: During April 2024, 12 homes were sold in Glen Cove; 25% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 33% 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. 
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.