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Bay Terrace, NY January 2026 Market Report: Key Metrics and Trends

Published on Friday, January 2, 2026
The Allstar Team
RE/MAX City Square
Focus areas include Bay Terrace, Bayside, Bellerose, Briarwood, Bushwick, East Meadow, Elmhurst, Elmont, Floral Park, Forest Hills, Fresh Meadows, Glen Oaks, Glendale, Great Neck, Howard Beach, Jamaica Estates, Kew Gardens Hills and Kew Gardens, along with surrounding towns, communities and neighborhoods.
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Staying ahead in the Bay Terrace, NY real estate market this January 2026 means understanding the real numbers behind every move. With limited new listings and consistent buyer demand, how can sellers and buyers strategically position themselves for success this month?

If you are wondering about affordable homes in Bay Terrace, NY this January 2026, the current median sales price is $430,000, reflecting a subtle price appreciation of 2.3 percent year over year. This measured growth gives buyers clear insight into property values, while sellers can leverage this data to price competitively. Closed sales for January reached 8, with properties spending a median of 35 days on the market. This efficient absorption rate shows strong buyer motivation—why it matters for sellers is that well-prepared listings are unlikely to linger.

For those seeking to understand recent sales performance in Bay Terrace, NY, consider the list-to-sale price ratio sitting at 97.6 percent. Homes are selling close to ask, which signals to buyers that aggressive negotiations may not yield substantial discounts and prompts sellers to price realistically from the start. The total inventory as of January ends at 28 homes, pointing to moderate supply, with 12 new listings yet ongoing robust demand highlighted by 7 pending sales. The Allstar Team provides clarity on what these statistics mean, guiding clients through every step of navigating this dynamic market.

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Get a clear plan from The Allstar Team based on real activity in Bay Terrace, NY this January 2026. Make every decision with confidence and local insight that puts your goals first.

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Navigating the Bay Terrace, NY Inventory and Price Landscape

The average price per square foot for homes closed in January 2026 was $480, while active sellers are listing properties near $475 per square foot. These figures allow buyers to benchmark their options and sellers to competitively position listings. With 2.8 months of supply, the market tips towards sellers, giving those listing properties a measurable edge. Buyers benefit from acting quickly, especially on homes that match their criteria.

Year-over-year comparisons reveal subtle shifts: closed sales volume decreased 11.1 percent, and new listings dipped by 8.3 percent. This tightening is a signal for both buyers and sellers to make timely, well-advised moves. If you are weighing is it a good time to buy in Bay Terrace, NY?, these trends highlight the importance of being ready to act.

January 2026: Sales and Pending Activity

The spectrum of closed prices, from $327,500 up to $639,000, underlines potential options for buyers and informs how to sell your house fast in Bay Terrace, NY. Buyers entering the market may find options at varied price levels, while sellers benefit from robust buyer demand evidenced by seven pending contracts.

Listing Strategy for Sellers in January 2026

For sellers, median days on market at 35 and a near 98 percent list-to-sale price result mean effective pricing and presentation are key. The Allstar Team helps clients maximize presentation and reach, from valuation to closing, based on January's real time performance.

Why Local Trends Matter

Tracking nuanced price trends, inventory levels, and market absorption is vital for informed real estate decisions. Whether compared to last year or measured by the week, these numbers help everyone—first time buyers and experienced sellers alike—make smarter choices in the Bay Terrace, NY area.

  • Median sale price this January 2026: $430,000
  • New listings introduced: 12
  • Total closed sales for the month: 8
  • List to sale price ratio: 97.6 percent
  • Months of supply: 2.8

An expert understanding of local metrics, such as average price per square foot and days on market, distinguishes agents who can deliver genuine value. For deeper support or pricing expertise, reach out to The Allstar Team for the latest on real estate forecasts in Bay Terrace, NY. Together, we'll help you plan ahead in today's changing landscape.

The Allstar Team
Written by The Allstar Team
RE/MAX City Square
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