11520 Housing Market Report February 2025•Nassau County, New York

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Housing Prices in 11520, NY

How much do homes in 11520, NY cost?

Housing Market Conditions

Is 11520, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

11520 is a Buyer's Market

Difference Since February 2024

At the same time last year, 11520 was a Seller's Market.

Insight

11520 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$600,666$352/SqFt
+$76,916
+14.7%

Based on all homes sold in the last 12 months

Insight

Homes in 11520 have sold for 14.7% more than they did a year ago.

Summary: The median home sold price in 11520 was $600,666 in February 2025, up 14.7% from last year, and the median price per square foot was $352.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
11520
+14.7%
11510
+11.4%
11575
+9.1%
11566
+7.7%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$200K$215K
+7.5%
2$406.5K$400K
-1.6%
3$535K$600K
+12.1%
4$600K$657.5K
+9.6%
5$602.5K$741.2K
+23.0%

Summary: 11520 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +7.5%. The home price for 2 bedroom homes decreased by -1.6%. The home price for 3 bedroom homes increased by +12.1%. The home price for 4 bedroom homes increased by +9.6%. The home price for 5 bedroom homes increased by +23.0%.

Housing supply in 11520, NY

How many homes are available in 11520, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
156Last MonthFeb 2025
1742 months agoJan 2025
-10.3 %
Change MoMJan – Feb

Summary: The 11520 real estate market had 156 homes for sale in Feb 2025, a 10.3 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
19Last MonthFeb 2025
212 months agoJan 2025
-9.5 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
12726
-3.7%
23022
-26.7%
35646
-17.9%
44243
+2.4%
51919
0.0%

Summary: 11520 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -3.7%. The inventory for 2 bedroom homes decreased by -26.7%. The inventory for 3 bedroom homes decreased by -17.9%. The inventory for 4 bedroom homes increased by +2.4%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 11520, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price8 Homes

At Asking Price2 Homes

Under Asking Price9 Homes

Insight

If you're buying a home in 11520, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 11520 in February 2025, down by 9.5% month-over-month. Of the 19 sold homes, 47% were sold under asking, 11% were sold at asking, and and 42% were sold over asking.

Days on Market for 11520, NY

How long does it take to sell a home in 11520, NY?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days4 Homes

Over 90 Days11 Homes

Insight

Most homes in 11520 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 19 homes were sold in 11520; 21% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 58% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
101 DaysThis YearFeb 2025
57 Days1 year agoFeb 2024
+77.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 11520 had an average listing age of 101 days in Feb 2025, up by 77.6% compared to the previous year.

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Newest Listings in 11520, NY

What homes are available in 11520, NY?

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MLS Disclaimers and Copyright

Based on information from OneKey MLS, and New York State Alliance of MLS for the period 03/01/2023 - 03/01/2025

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/9/2025, 4:11:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/9/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.