Lake Grove, NY
Housing market overview · Updated weekly
$720,000median sale price
Homes sold
4
Last 12 weeks
Days on market
31
Average pace
Active listings
14
3.5 months supply
Sale-to-list
100.2%
Above asking
The Lake Grove housing market is currently classified as a seller's market with a median sale price of $720,000. Prices have risen 7.5% compared to last year, with homes spending an average of 31 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Lake Grove?
The median home sale price in Lake Grove is $720,000, up 7.5% from last year.
How long do homes stay on market in Lake Grove?
Homes typically spend 31 days on market before going under contract.
Is Lake Grove a buyer's or seller's market?
With 3.5 months of supply, Lake Grove is currently a seller's market.
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