What Is the Current Housing Market Like in Manhasset?

Conversational Question: What is the current housing market like in Manhasset?
Answer: In 2025, the Manhasset housing market remains strong, with median home values around $1.7M–$1.8M, steady demand from NYC buyers, and a competitive environment where well-priced homes sell quickly.

Manhasset Market Snapshot (2025)

  • Median Sales Price: $1.7M–$1.8M depending on neighborhood.

  • Days on Market: 35–45 days for well-priced homes; longer for luxury properties or overpriced listings.

  • Inventory: Up about 15% year-over-year, giving buyers more choice but still keeping demand high.

  • Buyer Pool: Families from NYC, downsizers staying on the North Shore, and relocating professionals.

Eric Berman REALTOR monitors these numbers weekly to give sellers the most current picture.

What’s Driving Demand in Manhasset?

  1. School District Reputation
    The Manhasset School District consistently ranks among the best in New York, fueling steady family-driven demand.

  2. Commuter Convenience
    The Manhasset LIRR station provides a direct ride into NYC, attracting buyers who want suburban living without losing city access.

  3. Luxury Lifestyle
    High-end shopping at Americana Manhasset, access to country clubs, and proximity to Manhasset Bay draw affluent buyers.

Trends in Different Neighborhoods

  • Munsey Park: Consistently strong due to family demand.

  • Plandome: Luxury waterfront properties command premium pricing.

  • Strathmore: Offers a balance of affordability and prestige, appealing to first-time buyers in Manhasset.

Each micro-market performs differently, which is why localized expertise matters.

The Impact of Interest Rates

  • Current Rates: Around 6.25%–6.5% as of fall 2025.

  • Effect: While higher rates reduce affordability for some, Manhasset’s affluent buyer base keeps the market resilient.

  • Strategy: Eric advises sellers to price smartly and highlight lifestyle value to overcome rate sensitivity.

What This Means for Sellers

  • Well-Priced Homes Sell Quickly: Buyers act fast when value is clear.

  • Condition Matters: Move-in ready homes consistently outperform fixer-uppers.

  • Luxury Still Moves: Buyers at the $2M+ level remain active, though timelines are longer.

What This Means for Buyers

  • More Inventory to Choose From: Slightly higher supply gives buyers more negotiating power.

  • Strong Competition Remains: Well-prepared homes often attract multiple offers.

  • Opportunities in Off-Market Listings: Eric leverages Compass Private Exclusives to access homes before they hit MLS.

Why Work With Eric Berman REALTOR

Eric provides sellers and buyers with:

  • Hyper-local insights: Beyond averages, he knows how Munsey Park differs from Plandome.

  • Compass Technology: Tools that analyze real-time buyer demand.

  • Proven Track Record: Trusted experience selling across Manhasset’s neighborhoods.

  • Solutions-Driven Approach: Ensures clients make smart moves in a competitive market.

Final Thoughts

The Manhasset housing market in 2025 is steady, competitive, and full of opportunity. Whether you’re selling or buying, success depends on smart strategy and expert guidance. With Eric Berman REALTOR, you’ll navigate the market confidently.

Call to Action

👉 Curious about the current value of your Manhasset home? Contact Eric Berman REALTOR for a personalized market update and strategy.

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The Manhasset housing market in 2025 is competitive with $1.7M–$1.8M home values. Eric Berman REALTOR explains trends and what sellers should know.