14 hours on Rocket
$4,691 Closing Credit¹
#847865, Listing Office: P R O Links Realty Inc
Bay Terrace Housing Market Report March 2025•Queens County, New York
Housing Prices in Bay Terrace, NY
How much do homes in Bay Terrace, NY cost?
Housing Market Conditions
Is Bay Terrace, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Bay Terrace is a Buyer's Market
Difference Since March 2024
At the same time last year, Bay Terrace was a Seller's Market.
Insight
Bay Terrace is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$606,000$629/SqFt
+$78,000
+14.8%
Based on all homes sold in the last 12 months
Insight
Homes in Bay Terrace have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in Bay Terrace was $606,000 in March 2025, up 14.8% from last year, and the median price per square foot was $629.
Median Sold Price By Neighborhoods
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Bayside | $575K | $841.5K | +46.3% |
| Bay Terrace | $528K | $606K | +14.8% |
| Northeastern Queens | $688.2K | $732.8K | +6.5% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $490K | $512K | +4.5% |
| 22 Bedrooms | $588K | $660K | +12.2% |
| 33 Bedrooms | $752.5K | $779K | +3.5% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | $1.8M | $1.5M | -13.9% |
Summary: Bay Terrace housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +4.5%. The home price for 2 bedroom homes increased by +12.2%. The home price for 3 bedroom homes increased by +3.5%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes decreased by -13.9%.
How does Bay Terrace, NY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Bay Terrace, NY
Housing supply in Bay Terrace, NY
How many homes are available in Bay Terrace, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 95Last MonthMar 2025 | ||
| 852 months agoFeb 2025 | +11.8 % Change MoMFeb – Mar |
Summary: The Bay Terrace real estate market had 95 homes for sale in Mar 2025, a 11.8 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthMar 2025 | ||
| 42 months agoFeb 2025 | +125.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 33 | 35 | +6.1% |
| 22 Bedrooms | 39 | 44 | +12.8% |
| 33 Bedrooms | 13 | 14 | +7.7% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 2 | +100.0% |
Summary: Bay Terrace housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +6.1%. The inventory for 2 bedroom homes increased by +12.8%. The inventory for 3 bedroom homes increased by +7.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Bay Terrace, NY cost?
Over Asking Price3 Homes
At Asking Price1 Home
Under Asking Price5 Homes
Insight
If you're buying a home in Bay Terrace, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Bay Terrace in March 2025, up by 125.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and and 33% were sold over asking.
Days on Market for Bay Terrace, NY
How long does it take to sell a home in Bay Terrace, NY?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days5 Homes
Over 90 Days2 Homes
Insight
Avg time on Rocket Homes in Bay Terrace has remained consistent over time.
Summary: During March 2025, 9 homes were sold in Bay Terrace; 22% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 82 DaysThis YearMar 2025 | ||
| 97 Days1 year agoMar 2024 | -15.0 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Bay Terrace had an average listing age of 82 days in Mar 2025, down by 15.0% compared to the previous year.
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Newest Listings in Bay Terrace, NY
What homes are available in Bay Terrace, NY?
1 day on Rocket
$6,389 Closing Credit¹
#847608, Listing Office: Agranoff Real Estate
1 day on Rocket
$10,000 Closing Credit¹
#847219, Listing Office: Midas Realty
1 day on Rocket
$10,000 Closing Credit¹
#847196, Listing Office: Jamie Realty Group
3 days on Rocket
$7,695 Closing Credit¹
#846554, Listing Office: E Realty International Corp
$10,000 Closing Credit¹
#844496, Listing Office: Prospes Real Estate Corp
$6,745 Closing Credit¹
#843575, Listing Office: B Square Realty
$10,000 Closing Credit¹
#842753, Listing Office: Chase Global Realty Corp
$9,595 Closing Credit¹
#841209, Listing Office: Winzone Realty Inc
$6,389 Closing Credit¹
#840345, Listing Office: Signature Premier Properties
$6,626 Closing Credit¹
#839694, Listing Office: Signature Premier Properties
$6,519 Closing Credit¹
#839318, Listing Office: LAFFEY REAL ESTATE
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MLS Disclaimers and Copyright
Based on information from OneKey MLS, and Real Estate Board of New York for the period 04/01/2023 - 04/01/2025
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.
The 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: 4/11/2025, 11:56:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
©2025 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services. Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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: 4/12/2025, 2:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.