Lorenz Park, NY Housing Market & Real Estate

Buyer's market

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Lorenz Park, NY is $360,000. Homes sell in an average of 27 days with 6 active listings. The market is currently a buyer's market.

$360,000median sale price

Is Lorenz Park a buyer's or seller's market?

Buyer's market6.0 months of supply27 avg. days on market

Lorenz Park, NY is currently a buyer's market, based on 6.0 months of supply and homes selling in about 27 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

27

Average pace

Active listings

6

6.0 months supply

Sale-to-list

94.7%

Below asking

Lorenz Park, NY market data

Current housing market statistics for Lorenz Park, NY
MetricValue
Median sale price$360,000
Median list price$439,000
Average days on market27 days
Active inventory6 listings
Months of supply6.0 months
Sale-to-list price ratio94.7%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Lorenz Park housing market is currently classified as a buyer's market with a median sale price of $360,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 27 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Lorenz Park

There are currently 6 homes listed for sale in Lorenz Park, New York. The median listing price is $439K.

Active listings

6

Homes on market

Median list price

$439K

Avg. days on market

27

Days until sale

New this week

2

Newly listed

Price drops:16.7%of listings
Sale-to-list:94.7%

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Frequently asked questions

What is the average home price in Lorenz Park?

The median home sale price in Lorenz Park is $360,000, down 0.0% from last year.

How long do homes stay on market in Lorenz Park?

Homes typically spend 27 days on market before going under contract.

Is Lorenz Park a buyer's or seller's market?

With 6.0 months of supply, Lorenz Park is currently a buyer's market.

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