According to OneKey MLS, the closed median home price for Nassau, Suffolk, and Queens counties increased to $725,000 in October from $689.073 in October 2024. Year-to-year, home prices across our region have increased 5.200%
Available residential inventory continues to be the story. The number of homes on the market is down to just 9,655 homes -- a 8.70% drop from October 2024 . To put these numbers in context, the available residential inventory in March 2021 was 11,457 -- and that was a 22.5% drop from March 2020 (the onset of the pandemic). So, from a historical perspective, our housing supply remains very low.
Source: https://www.onekeymlsny.com/market-statistics/
Housing Market Data: August 2025
