New - 23 hours on Rocket
$4,418 Closing Credit¹
Listing Office: Keller Williams Realty Greater
Oakland Gardens Housing Market Report December 2024•Queens County, New York
Housing Prices in Oakland Gardens, NY
How much do homes in Oakland Gardens, NY cost?
Housing Market Conditions
Is Oakland Gardens, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Oakland Gardens is a Buyer's Market
Difference Since December 2023
At the same time last year, Oakland Gardens was a Neutral Market.
Insight
Oakland Gardens is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$365,000$607/SqFt
+$37,500
+11.5%
Based on all homes sold in the last 12 months
Insight
Homes in Oakland Gardens have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Oakland Gardens was $365,000 in December 2024, up 11.5% from last year, and the median price per square foot was $607.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Bayside | $525K | $835K | +59.0% |
| Oakland Gardens | $327.5K | $365K | +11.5% |
| Bellaire | $650K | $720K | +10.8% |
| Douglaston | $394K | $385K | -2.3% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $237.5K | $270K | +13.7% |
| 22 Bedrooms | $325K | $338K | +4.0% |
| 33 Bedrooms | $822.5K | $950K | +15.5% |
| 44 Bedrooms | $1.1M | $1.0M | -5.8% |
| 55+ Bedrooms | $1.4M | $1.4M | +2.8% |
Summary: Oakland Gardens housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +13.7%. The home price for 2 bedroom homes increased by +4.0%. The home price for 3 bedroom homes increased by +15.5%. The home price for 4 bedroom homes decreased by -5.8%. The home price for 5 bedroom homes increased by +2.8%.
Housing supply in Oakland Gardens, NY
How many homes are available in Oakland Gardens, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 141Last MonthDec 2024 | ||
| 1552 months agoNov 2024 | -9.0 % Change MoMNov – Dec |
Summary: The Oakland Gardens real estate market had 141 homes for sale in Dec 2024, a 9.0 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthDec 2024 | ||
| 272 months agoNov 2024 | -59.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 41 | 39 | -4.9% |
| 22 Bedrooms | 68 | 61 | -10.3% |
| 33 Bedrooms | 29 | 23 | -20.7% |
| 44 Bedrooms | 6 | 5 | -16.7% |
| 55+ Bedrooms | 11 | 13 | +18.2% |
Summary: Oakland Gardens housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -4.9%. The inventory for 2 bedroom homes decreased by -10.3%. The inventory for 3 bedroom homes decreased by -20.7%. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes increased by +18.2%.
Asking Price vs. Sold Price
How much do homes in Oakland Gardens, NY cost?
Over Asking Price4 Homes
At Asking Price0 Home
Under Asking Price7 Homes
Insight
If you're buying a home in Oakland Gardens, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Oakland Gardens in December 2024, down by 59.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 0% were sold at asking, and and 36% were sold over asking.
Days on Market for Oakland Gardens, NY
How long does it take to sell a home in Oakland Gardens, NY?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days6 Homes
Over 90 Days4 Homes
Insight
Avg time on Rocket Homes in Oakland Gardens has remained consistent over time.
Summary: During December 2024, 11 homes were sold in Oakland Gardens; 9% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 82 DaysThis YearDec 2024 | ||
| 109 Days1 year agoDec 2023 | -24.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Oakland Gardens had an average listing age of 82 days in Dec 2024, down by 24.7% compared to the previous year.
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Newest Listings in Oakland Gardens, NY
What homes are available in Oakland Gardens, NY?
New - 1 day on Rocket
$4,453 Closing Credit¹
Listing Office: East Coast Realty by Zarina II
New - 2 days on Rocket
$10,000 Closing Credit¹
Listing Office: RE/MAX 1st Choice
New - 3 days on Rocket
$5,035 Closing Credit¹
Listing Office: Keller Williams Rlty Landmark
New - 4 days on Rocket
$2,791 Closing Credit¹
Listing Office: Compass Greater NY LLC
New - 7 days on Rocket
$10,000 Closing Credit¹
Listing Office: Maureen Folan R E Group LLC
$4,014 Closing Credit¹
Listing Office: Keller Williams Rlty Landmark
$2,969 Closing Credit¹
Listing Office: Compass Greater NY LLC
$3,384 Closing Credit¹
Listing Office: Compass Greater NY LLC
$4,133 Closing Credit¹
Listing Office: Winzone Realty Inc
$10,000 Closing Credit¹
Listing Office: Jamie Realty Group
$6,413 Closing Credit¹
Listing Office: Sany Realty Group LLC
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Based on information from OneKey MLS, and Real Estate Board of New York for the period 01/01/2023 - 01/01/2025
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.
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Last updated on: 1/24/2025, 6:11:49 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.
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Last updated on: 1/24/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.