Lake Grove, NY

Seller's market+7.5% YoY

Housing market overview · Updated weekly

$720,000median sale price

Homes sold

4

Last 12 weeks

Days on market

31

Average pace

Active listings

14

3.5 months supply

Sale-to-list

100.2%

Above asking

The Lake Grove housing market is currently classified as a seller's market with a median sale price of $720,000. Prices have risen 7.5% compared to last year, with homes spending an average of 31 days on market, indicating 3.5 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 Lake Grove

There are currently 14 homes listed for sale in Lake Grove, Ny. The median listing price is $699K.

Active listings

14

Homes on market

Median list price

$699K

Avg. days on market

31

Days until sale

New this week

7

Newly listed

Price drops:14.3%of listings
Sale-to-list:100.2%

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Frequently asked questions

What is the average home price in Lake Grove?

The median home sale price in Lake Grove is $720,000, up 7.5% from last year.

How long do homes stay on market in Lake Grove?

Homes typically spend 31 days on market before going under contract.

Is Lake Grove a buyer's or seller's market?

With 3.5 months of supply, Lake Grove is currently a seller's market.

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