Lorenz Park, NY
Housing market overview · Updated weekly
$360,000median sale price
Homes sold
1
Last 12 weeks
Days on market
27
Average pace
Active listings
6
6.0 months supply
Sale-to-list
94.7%
Below asking
The Lorenz Park housing market is currently classified as a buyer's market with a median sale price of $360,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 27 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Lorenz Park?
The median home sale price in Lorenz Park is $360,000, down 0.0% from last year.
How long do homes stay on market in Lorenz Park?
Homes typically spend 27 days on market before going under contract.
Is Lorenz Park a buyer's or seller's market?
With 6.0 months of supply, Lorenz Park is currently a buyer's market.
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