Mid-Island Housing Market Report February 2025•Richmond County, New York

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Housing Prices in Mid-Island, NY

How much do homes in Mid-Island, NY cost?

Housing Market Conditions

Is Mid-Island, 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

Mid-Island is a Neutral Market

Difference Since January 2025

Last month, Mid-Island was a Seller's Market.

Insight

Mid-Island is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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.
$570,000$415/SqFt
-$245,000
-30.1%

Based on all homes sold in February 2025

Insight

Homes in Mid-Island have sold for 30.1% less than they did a month ago.

Summary: The median home sold price in Mid-Island was $570,000 in February 2025, down 30.1% from last month, and the median price per square foot was $415.

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.
BedsJan 2025Feb 2025Change MoM
1$324K-
N/A
2-$445K
N/A
3$945K$570K
-39.7%
4$890K-
N/A
5-$840K
N/A

Summary: Mid-Island housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -39.7%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Mid-Island, NY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Mid-Island, NY

Housing supply in Mid-Island, NY

How many homes are available in Mid-Island, 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
43Last MonthFeb 2025
472 months agoJan 2025
-8.5 %
Change MoMJan – Feb

Summary: The Mid-Island real estate market had 43 homes for sale in Feb 2025, a 8.5 % 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
7Last MonthFeb 2025
102 months agoJan 2025
-30.0 %
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
121
-50.0%
257
+40.0%
32121
0.0%
4158
-46.7%
546
+50.0%

Summary: Mid-Island housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes increased by +40.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -46.7%. The inventory for 5 bedroom homes increased by +50.0%.

Asking Price vs. Sold Price

How much do homes in Mid-Island, 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 Price0 Home

At Asking Price1 Home

Under Asking Price6 Homes

Insight

If you're buying a home in Mid-Island, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Mid-Island in February 2025, down by 30.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and and 0% were sold over asking.

Days on Market for Mid-Island, NY

How long does it take to sell a home in Mid-Island, NY?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days3 Homes

Over 90 Days2 Homes

Insight

Avg time on Rocket Homes in Mid-Island has remained consistent over time.

Summary: During February 2025, 7 homes were sold in Mid-Island; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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.
Last Month1 month agoChange MoM
72 DaysLast MonthFeb 2025
63 Days1 month agoJan 2025
+14.4 %
Change MoMJan – Feb

Summary: Homes in Mid-Island had an average listing age of 72 days in Feb 2025, up by 14.4% compared to the previous month.

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Newest Listings in Mid-Island, NY

What homes are available in Mid-Island, NY?

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MLS Disclaimers and Copyright

Based on information from Brooklyn MLS, OneKey MLS, and ALL JERSEY MLS for the period 01/01/2025 - 03/01/2025

IDX 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.

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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: 3/14/2025, 8:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 3/14/2025, 8:12:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.