Is Cedarhurst, NY 11516 a buyer’s or seller’s market?
Cedarhurst is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works
The Cedarhurst housing market right now
In the three months ending August 31, 2026, 11% of homes in Cedarhurst, NY 11516 sold above their list price, the typical home went under contract in 38 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (138 days then) and the median sale price fell 33% to $1,075,035. Overall, Cedarhurst is more competitive than a year ago, so tougher for buyers.
Within Nassau County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in 94%.
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 11516
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 Cedarhurst nearby
Find towns like Cedarhurst in other states →Where Cedarhurst is
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Questions about Cedarhurst real estate
Is Cedarhurst a buyer’s or seller’s market?
A buyer’s market: there were 7.5 months of supply in Cedarhurst, NY 11516 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 Cedarhurst?
The typical home went under contract in 38 days in the latest three months.
Do homes in Cedarhurst sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Cedarhurst?
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 Cedarhurst?
The median sale price was $1,075,035 in the three months ending August 31, 2026, about $492 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