The May 2019 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens housing data, was $465,500 representing a 3.4% increase over last May.
Nassau County reported a $530,000 closed median home price in May representing a 2.9% increase over $515,000 reported by MLSLI last year. Suffolk County reported a closed median price of $390,000, which represents a 6.8% increase over $365,300 reported a year ago. Queens reported a closed median home price of $556,000 representing a decrease of 2.1% over $568,000 reported in May 2019.
The total number of Long Island residential inventory in May 2019 was 18,716 representing a 13.3% increase over last year.