East Rockaway, NY Home Values & Market Trends
Real estate market trends reflect that there have been 123 transactions over the past year in East Rockaway. The median value for residential home transactions that occurred over the previous year is $655,604.38. The number of current listings in East Rockaway is 27, and the percentage of properties for sale in the city is 27.00%. East Rockaway, NY currently has 56 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 27 properties for sale.
East Rockaway, NY Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 11518 | $ 679,000 $ 398/sqft |
Housing Market Summary for East Rockaway, NY
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $669K | $618.1K | -7.61% |
| Median Sold Price | $652.7K | $618.1K | -5.30% |
| Homes For Sale | 17 | 24 | 41.18% |
| Homes Sold | 74 | 66 | -10.81% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in East Rockaway, NY
Browse Homes in East Rockaway, NY
East Rockaway home values range from $50,784 to $1,868,443. The median estimated value of a home in East Rockaway is $655,604.38. The median list price of a home is 720,000, and the total count of properties in the city is 3,157.
- Pre-ForeclosurePre-foreclosure homes account for 1.68% of all residential properties in East Rockaway, NY with 11518 containing 53 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within East Rockaway, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,414,455 in 11518 to the lowest home value of $357,972 in 11518.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in East Rockaway, NY ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in East Rockaway, NY. There is 1 zips within East Rockaway, NY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions11518 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of East Rockaway, NY. Auction homes and other auction properties account for 0.10% of all properties in East Rockaway, NY. There is 1 zips within East Rockaway, NY; of that zips, the median estimated home value for homes going to auction ranges from $1,162,287 in 11518 to the lowest value of $389,456 in 11518.
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More Real Estate Resources for East Rockaway, NY
Guide for East Rockaway, NY
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.
