Is Elmont, NY 11003 a buyer’s or seller’s market?
Elmont is a seller’s market. With about 3 months of supply and 52% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
#83 of 125 ZIP codes in Nassau & Suffolk counties, NY, and #391 of 531 across all the markets we track.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works
The Elmont housing market right now
In the three months ending August 31, 2026, 52% of homes in Elmont, NY 11003 sold above their list price, the typical home went under contract in 30 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 64 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 47%, homes sold faster (34 days then) and the median sale price rose 5% to $757,172. Overall, Elmont is more competitive than a year ago, so tougher for buyers.
Within Nassau County, homes here sell faster than in 58% of the county’s ZIP codes, and sell more often over asking than in 64%. On our competition score, Elmont ranks #310 of 649 NY ZIP codes with enough sales (score 77 out of 100).
Nearby, buyers who want less competition could look at Point Lookout 11569 (0% sold over asking) or Atlantic Beach 11509 (0% sold over asking), while Malverne 11565 (75% sold over asking) and Wantagh 11793 (74% sold over asking) are even more competitive.
Run the numbers for 11003
Nearby markets
Albertson 11507Balanced $598 /sq ftAtlantic Beach 11509Buyer’s market $523 /sq ftBaldwin 11510Seller’s market $461 /sq ftBayville 11709Balanced $454 /sq ft Browse all markets →Towns like Elmont nearby
Find towns like Elmont in other states →Where Elmont is
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Questions about Elmont real estate
Is Elmont a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Elmont, NY 11003 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Elmont?
The typical home went under contract in 30 days in the latest three months.
Do homes in Elmont sell over asking?
52% of homes sold above their original list price, and the typical sale closed at 100.8% of the list price.
What are property taxes in Elmont?
About 1.46% of a home’s value a year in Nassau County, or roughly $5,840 on a $400,000 home.
What is the median home price in Elmont?
The median sale price was $757,172 in the three months ending August 31, 2026, about $555 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology