New - 19 hours on Rocket
$9,678 Closing Credit¹
#822026, Listing Office: Douglas Elliman Real Estate
Lake Ronkonkoma Housing Market Report January 2025•Suffolk County, New York
Housing Prices in Lake Ronkonkoma, NY
How much do homes in Lake Ronkonkoma, NY cost?
Housing Market Conditions
Is Lake Ronkonkoma, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lake Ronkonkoma is a Seller's Market
Difference Since January 2024
Since last year, Lake Ronkonkoma has remained a Seller's Market.
Insight
Lake Ronkonkoma is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$597,000$341/SqFt
+$37,000
+6.6%
Based on all homes sold in the last 12 months
Insight
Homes in Lake Ronkonkoma have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Lake Ronkonkoma was $597,000 in January 2025, up 6.6% from last year, and the median price per square foot was $341.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Nesconset | $650K | $750K | +15.4% |
| Holbrook | $555K | $615K | +10.8% |
| Centereach | $530K | $580K | +9.4% |
| Lake Ronkonkoma | $560K | $597K | +6.6% |
| Ronkonkoma | $535K | $555K | +3.7% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $368.6K | - | N/A |
| 22 Bedrooms | $430K | $460K | +7.0% |
| 33 Bedrooms | $510K | $570K | +11.8% |
| 44 Bedrooms | $614.5K | $651K | +5.9% |
| 55+ Bedrooms | $700K | $645K | -7.9% |
Summary: Lake Ronkonkoma housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +7.0%. The home price for 3 bedroom homes increased by +11.8%. The home price for 4 bedroom homes increased by +5.9%. The home price for 5 bedroom homes decreased by -7.9%.
Housing supply in Lake Ronkonkoma, NY
How many homes are available in Lake Ronkonkoma, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 69Last MonthJan 2025 | ||
| 762 months agoDec 2024 | -9.2 % Change MoMDec – Jan |
Summary: The Lake Ronkonkoma real estate market had 69 homes for sale in Jan 2025, a 9.2 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 17Last MonthJan 2025 | ||
| 132 months agoDec 2024 | +30.8 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 12 | 9 | -25.0% |
| 33 Bedrooms | 25 | 24 | -4.0% |
| 44 Bedrooms | 28 | 23 | -17.9% |
| 55+ Bedrooms | 11 | 13 | +18.2% |
Summary: Lake Ronkonkoma housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes decreased by -4.0%. The inventory for 4 bedroom homes decreased by -17.9%. The inventory for 5 bedroom homes increased by +18.2%.
Asking Price vs. Sold Price
How much do homes in Lake Ronkonkoma, NY cost?
Over Asking Price12 Homes
At Asking Price2 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Lake Ronkonkoma, you could pay more than the asking price. 70.6% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Lake Ronkonkoma in January 2025, up by 30.8% month-over-month. Of the 17 sold homes, 18% were sold under asking, 12% were sold at asking, and and 71% were sold over asking.
Days on Market for Lake Ronkonkoma, NY
How long does it take to sell a home in Lake Ronkonkoma, NY?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days7 Homes
Over 90 Days2 Homes
Insight
Many homes in Lake Ronkonkoma are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 17 homes were sold in Lake Ronkonkoma; 47% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 49 DaysThis YearJan 2025 | ||
| 28 Days1 year agoJan 2024 | +73.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Lake Ronkonkoma had an average listing age of 49 days in Jan 2025, up by 73.0% compared to the previous year.
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Newest Listings in Lake Ronkonkoma, NY
What homes are available in Lake Ronkonkoma, NY?
New - 2 days on Rocket
$7,422 Closing Credit¹
#821417, Listing Office: Cosmo Group Realty
New - 2 days on Rocket
$4,691 Closing Credit¹
#820866, Listing Office: Showcase of Long Island Realty
New - 3 days on Rocket
$6,876 Closing Credit¹
#821034, Listing Office: Signature Premier Properties
New - 3 days on Rocket
$7,719 Closing Credit¹
#819660, Listing Office: Signature Premier Properties
New - 4 days on Rocket
$8,550 Closing Credit¹
#820335, Listing Office: Coldwell Banker American Homes
$10,000 Closing Credit¹
#819245, Listing Office: Signature Premier Properties
3D tour
$7,481 Closing Credit¹
#817808, Listing Office: RE/MAX Integrity Leaders
$10,000 Closing Credit¹
#804339, Listing Office: Carol Michaels Realty Inc
$8,253 Closing Credit¹
#816574, Listing Office: Charles Rutenberg Realty Inc
$8,894 Closing Credit¹
#815846, Listing Office: Travis Steward Real Estate
$7,125 Closing Credit¹
#815011, Listing Office: Keller Williams Points North
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MLS Disclaimers and Copyright
Based on information from OneKey MLS, and Brooklyn MLS for the period 02/01/2023 - 02/01/2025
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: 2/8/2025, 8:11:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright © 2025 Brooklyn Multiple Listing Service. 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: 2/8/2025, 8:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.