Is Lake Grove, NY 11755 a buyer’s or seller’s market?

The Lake Grove housing market right now

In the three months ending August 31, 2026, 62% of homes in Lake Grove, NY 11755 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 30 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 68%, homes sold more slowly (20 days then) and the median sale price rose 8% to $799,654. Overall, Lake Grove is less competitive than a year ago, which gives buyers more room.

Within Suffolk County, homes here sell more slowly than in 59% of the county’s ZIP codes, and sell more often over asking than in 55%. On our competition score, Lake Grove ranks #271 of 649 NY ZIP codes with enough sales (score 82 out of 100).

Nearby, buyers who want less competition could look at Westhampton 11977 (0% sold over asking) or Water Mill 11976 (0% sold over asking), while West Sayville 11796 (100% sold over asking) and Peconic 11958 (100% sold over asking) are even more competitive.