Is Muttontown, 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, Muttontown has remained a Buyer's Market.
Housing Prices in Muttontown, NY
How much do homes in Muttontown, NY cost?
Median Sold Price
$1,725,000
$455/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Muttontown was $1,725,000 in April 2024, down 18.8% from last year, and the median price per square foot was $455.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $1.3M | $1.1M | -16.3% |
4 Bedrooms | $1.6M | $1.5M | -3.9% |
5+ Bedrooms | $2.2M | $1.9M | -16.0% |
Summary: Muttontown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 16.3%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 16%.
Median Sold Price Compared To Nearby Cities
Upper Brookville | $2.0M | $2.3M | +14.9% |
Oyster Bay | $729.2K | $764.7K | +4.9% |
Muttontown | $2.1M | $1.7M | -18.8% |
Housing Supply in Muttontown, NY
How many homes are available in Muttontown, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 35 | +16.7% |
Summary: The Muttontown real estate market had 35 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 25 | 28 | +12.0% |
Summary: The Muttontown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 12%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Muttontown in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Muttontown, NY
How long does it take to sell a home in Muttontown, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
446 Days | 217 Days | -51.2% |
Summary: Homes in Muttontown had an average of 217 days on market in Apr 2024, down by 51.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Muttontown; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.