Current Market Status: Seller's Market
As we head deeper into late 2025, the Hicksville real estate market continues to show resilience. While the broader economic headlines discuss stabilizing interest rates, our local zip code (11801) remains a hive of activity.
At Educators Realty, we believe in empowering you with data, not just sales pitches. Whether you are looking to grade your home’s value or finding the right school district for your next move, understanding the specific numbers for Hicksville is your first step.
Here is what happened in October 2025.
Key Market Statistics (October 2025)
Median Sold Price: $719,000
Sold to List Price: 100.6%
Median Days on Market: 35 Days
Months Supply of Inventory: 2.96 Months
Total Active Listings: 72
Deep Dive: Home Prices & Inventory Trends
The "List Price" vs. "Sold Price" Gap
One of the most interesting trends in October was the gap between expectations and reality. The Median List Price in Hicksville hovered at $844,000, while the Median Sold Price landed at $719,000.
What does this tell us? Sellers are feeling ambitious, but buyers are value-conscious. However, once a fair price is established, competition is fierce. The 100.6% Sales-to-List Price ratio confirms that properties priced correctly are still receiving offers at or above the asking price.
A Stabilizing Market
While we are seeing a Month-over-Month increase of +0.83% in sold prices, looking at the bigger picture is essential. Year-over-year, the median sold price has adjusted by roughly -6.01% (down from $765,000 over the last 12 months).
This suggests we are in a "stabilization" phase. The frantic price spikes of previous years have settled, offering a slightly more predictable environment for everyone involved.
Inventory Remains Tight
A balanced market typically requires 5 to 6 months of inventory. Hicksville is currently sitting at 2.96 months. This low supply is the primary reason prices are holding firm and homes are selling in just over a month (35 days).
Local Spotlight: What This Means For You
Advice for Buyers
Move With Confidence: With homes spending a median of only 35 days on the market, hesitation can cost you the home.
Check the Comps: Don't be intimidated by high list prices. With the median list price over $100k higher than the median sold price, there may be room to negotiate on overpriced inventory.
Be Ready to Bid: For the "perfect" move-in ready homes, be prepared to offer at least asking price, as the average winner is paying 100.6% of the list price.
Advice for Sellers
Pricing is Everything: You are currently in a Seller's Market, giving you leverage. However, buyers are ignoring significantly overpriced homes.
Capitalize on Low Inventory: With only 72 active listings in the entire area, your competition is limited. Listing now, rather than waiting for the spring flood of inventory, could put a spotlight on your property.
Equity Check: Even with the year-over-year adjustment, median estimated property values remain strong at $744,250.
Let's Plan Your Next Move
Real estate is hyper-local. What is happening in Hicksville might look different than Jericho or Plainview. If you want to know exactly what your home is worth in this shifting market, or if you are ready to start house hunting, let's connect.
Contact us today.
Created by:
Christopher Robson
Licensed Real Estate Broker
Educators Realty
Molloy University Real Estate Faculty
Data Source: RPR & OneKey MLS, Market Activity Report, Hicksville, NY, Data current as of 11/22/2025.