Hicksville, NY 11801 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The primary market value signal is the median sold price $675,500, which indicates recent transaction-level pricing and suggests sellers are achieving prices well above older comps; consider positioning offers and comps to reflect this realized sale level. hot market
2. There is a clear listing-to-sale gap: median listing price $809,500 is materially higher than the median sold price, which may indicate seller optimism and pricing friction—buyers should expect negotiation on asking prices and appraisers should rely on closed sales for valuation.
3. Liquidity appears mixed: median days on market 285 points to slower sales velocity relative to a typical hot market pace, which may reflect transaction timing or buyer financing constraints; recommend contingency planning and timeline buffers when structuring offers. moderate transaction velocity
4. Market conditions show upward momentum and external pressure: the market is hot with price year-over-year trend up and rent year-over-year trend up, supporting appreciation and rental demand, but note interest rate pressure elevated which could cool buyer purchasing power—prioritize pricing accuracy and financing readiness for buyers and investors. elevated interest rate pressure

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.