Locust Valley, NY

Balanced market-39.5% YoY

Housing market overview · Updated weekly

$769,000median sale price

Homes sold

2

Last 12 weeks

Days on market

42

Average pace

Active listings

8

4.0 months supply

Sale-to-list

97.8%

Below asking

The Locust Valley housing market is currently classified as a balanced market with a median sale price of $769,000. Prices have fallen 39.5% compared to last year, with homes spending an average of 42 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Locust Valley

There are currently 8 homes listed for sale in Locust Valley, New York. The median listing price is $995K.

Active listings

8

Homes on market

Median list price

$995K

Avg. days on market

42

Days until sale

New this week

3

Newly listed

Price drops:12.5%of listings
Sale-to-list:97.8%

Explore nearby cities in NY

Frequently asked questions

What is the average home price in Locust Valley?

The median home sale price in Locust Valley is $769,000, down 39.5% from last year.

How long do homes stay on market in Locust Valley?

Homes typically spend 42 days on market before going under contract.

Is Locust Valley a buyer's or seller's market?

With 4.0 months of supply, Locust Valley is currently a balanced market.

Get Locust Valley market alerts

Weekly updates on prices, inventory, and trends. Free forever.