Wading River Housing Market Report February 2025•Suffolk County, New York

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Housing Prices in Wading River, NY

How much do homes in Wading River, NY cost?

Housing Market Conditions

Is Wading River, 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

Wading River is a Seller's Market

Difference Since February 2024

At the same time last year, Wading River was a Buyer's Market.

Insight

Wading River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$685,440$347/SqFt
+$25,940
+3.9%

Based on all homes sold in the last 12 months

Insight

Homes in Wading River have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Wading River was $685,440 in February 2025, up 3.9% from last year, and the median price per square foot was $347.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
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
Calverton
+39.5%
Town of Riverhead
+8.3%
Wading River
+3.9%
East Shoreham
-2.6%

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$387K$575K
+48.6%
2$435K$455K
+4.6%
3$573K$650K
+13.4%
4$785K$835K
+6.4%
5$930K$849.5K
-8.7%

Summary: Wading River housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +48.6%. The home price for 2 bedroom homes increased by +4.6%. The home price for 3 bedroom homes increased by +13.4%. The home price for 4 bedroom homes increased by +6.4%. The home price for 5 bedroom homes decreased by -8.7%.

How does Wading River, NY compare with other places?

Market comparison tool

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

Wading River, NY

Housing supply in Wading River, NY

How many homes are available in Wading River, 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
28Last MonthFeb 2025
282 months agoJan 2025
0.0 %
Change MoMJan – Feb

Summary: The Wading River real estate market had 28 homes for sale in Feb 2025, the same as 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
6Last MonthFeb 2025
72 months agoJan 2025
-14.3 %
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
111
0.0%
254
-20.0%
31011
+10.0%
477
0.0%
555
0.0%

Summary: Wading River housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes increased by +10.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Wading River, 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 Price2 Homes

At Asking Price1 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Wading River, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Wading River in February 2025, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and and 33% were sold over asking.

Days on Market for Wading River, NY

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

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days2 Homes

Over 90 Days0 Home

Insight

Many homes in Wading River are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 6 homes were sold in Wading River; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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
32 DaysThis YearFeb 2025
79 Days1 year agoFeb 2024
-58.8 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Wading River had an average listing age of 32 days in Feb 2025, down by 58.8% compared to the previous year.

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Newest Listings in Wading River, NY

What homes are available in Wading River, NY?

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Based on information from OneKey MLS, and Elmira-Corning Regional Association of REALTORS® MLS DISABLED 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: 3/12/2025, 11:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.

2025 © Elmira-Corning Regional Association of Realtors® Multiple Listing Service
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.
DISABLED Last updated on: 2/28/2025, 2:01:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.