Manhasset, NY 11030 Real Estate Market Report

ZIP Code: 11030
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Manhasset is characterized by a median sold price of $1,998,000, reflecting a robust demand and significant price appreciation. The neighborhood has increased in value, driven by a hot market temperature and sustained buyer interest. The median listing price stands at $2,046,500, indicating a notable pricing gap that may suggest seller expectations are higher than current market realities.

Despite the elevated interest rate pressure impacting affordability, the market remains active, albeit with a slower sales velocity evidenced by a median days on market of 339. This extended period may indicate a cautious approach from buyers amidst rising costs. The overall inventory conditions show elevated inventory levels relative to sales activity, contributing to a dynamic yet challenging environment for prospective buyers.

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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.

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Market Metrics

Note: 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.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. The median sold price of $1,998,000 indicates strong market performance, reflecting ongoing demand in Manhasset.

2. With a median listing price of $2,046,500, there is a notable pricing gap that suggests potential pricing friction between seller expectations and buyer willingness.

3. The median days on market of 339 points to a slower sales velocity, which may reflect buyer hesitation due to elevated interest rates.

4. The market temperature remains hot, indicating sustained buyer interest despite affordability challenges.

5. Year-over-year trends show that both home prices and rents are up, suggesting a resilient market amid economic pressures.

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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.