House prices surge across Long Island, homes for sale drop

A new report from One Key MLS shows the number of homes for sale on Long Island dropped more than 6% from this time last year.

Kurt Semder

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Mar 21, 2025, 9:34 PM

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Updated yesterday

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Buying a home on Long Island isn't getting any easier.

A new report from One Key MLS shows a median single family home in Nassau County now costs $795,000, up 5.7% from February last year.

A median single family home in Suffolk County matches a record high of $680,000. That's up 13.3% from the cost last February.

Young adults looking to buy a home on Long Island tell News 12 it's still too expensive and the search for an affordable option continues to be longer than expected.

Real estate experts say prospective buyers need to be prepared and have their finances in order before beginning their search.

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