Long Island home prices fell short of this summer’s record highs in October, but a drop in the number of homes on the market this fall suggests holiday-season house hunters will still face plenty of competition, according to new data released Monday.
The median single-family home sale price in Nassau County rose 6.1% to $837,000 in October compared with the comparable figure a year ago, according to the latest data from OneKey MLS, the multiple listing service that covers Long Island.
In Suffolk, the median sale price was $701,000 last month, a 4.6% increase compared with October 2024.
Steady demand for Long Island homes and a limited supply of houses for sale has driven up home prices , and attractive listings at reasonable prices can find a buyer within days of hitting the market,

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