Mill Neck, NY

Buyer's market

Housing market overview · Updated weekly

$10.50Mmedian sale price

Homes sold

1

Last 12 weeks

Days on market

148

Average pace

Active listings

5

5.0 months supply

Sale-to-list

89.0%

Below asking

The Mill Neck housing market is currently classified as a buyer's market with a median sale price of $10.50M. Prices have fallen 0.0% compared to last year, with homes spending an average of 148 days on market, indicating 5.0 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 Mill Neck

There are currently 5 homes listed for sale in Mill Neck, New York. The median listing price is $3.5M.

Active listings

5

Homes on market

Median list price

$3.5M

Avg. days on market

148

Days until sale

New this week

1

Newly listed

Price drops:20.0%of listings
Sale-to-list:89.0%

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Frequently asked questions

What is the average home price in Mill Neck?

The median home sale price in Mill Neck is $10.50M, down 0.0% from last year.

How long do homes stay on market in Mill Neck?

Homes typically spend 148 days on market before going under contract.

Is Mill Neck a buyer's or seller's market?

With 5.0 months of supply, Mill Neck is currently a buyer's market.

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