Is Lorenz Park a buyer's or seller's market right now?

Lorenz Park is currently a buyer's market with 6 months of supply. Homes are selling at 94.7% of list price. The Ridley Sell Score for Lorenz Park is 45/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Lorenz Park?

The median home price in Lorenz Park is $360,000. The median price per square foot is $300. Homes sell in a median of 27 days with a sale-to-list ratio of 94.7%.

How much does it cost to sell a home in Lorenz Park, New York?

On a $360,000 home in Lorenz Park, a traditional listing agent charges around $10,800 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $28,800 or more. With Ridley Essentials ($999) you save $9,801, and with Ridley Pro ($3,499) you save $7,301 while getting full agent support.

How does Ridley's flat fee compare to a traditional Lorenz Park agent?

A traditional Lorenz Park listing agent typically charges 3% of the sale price — about $10,800 on a $360,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $9,801–$7,301 compared to a traditional agent.

How long does it take to sell a home in Lorenz Park?

The median home in Lorenz Park currently spends 27 days on the market before going under contract. At a 94.7% sale-to-list ratio, sellers are seeing some negotiation. Only 16.7% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in New York?

No. New York does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $360,000 home, that could save you up to $7,301.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in New York. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $10,800 commission.

National/New York

Lorenz Park, NY

Is Now a Good Time to Sell in Lorenz Park, New York?

The median home in Lorenz Park sells for $360,000. The average seller pays $10,800 in commissions — Ridley’s flat fee saves you $7,301.

Lorenz Park Real Estate Market Conditions — April 2026

45out of 100

Ridley Sell Score

How it's scored →

Cooling

45/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Lorenz Park market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessFavors buyers

6 months of supply — above the 5-month balanced threshold, giving buyers more options. New York average is 2.4.

Price MomentumNeutral

Prices flat 0% year-over-year — vs. +16.2% statewide.

Seller LeverageFavors buyers

Homes selling at 94.7% of asking — buyers are negotiating 5.3% below list. New York average is 98.4%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the New York average of 33.9%.

Sale SpeedFavors sellers

27 median days on market — 49 days faster than the New York average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 16.2% statewide.

Price StabilityNeutral

16.7% of listings have dropped their price. New York average is 13.1%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$360,000

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$300

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

94.7%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

Buyer’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Not Very Competitive

Price Drops

Percentage of active listings that had a price reduction.

16.7%

Well-priced market

Data updated April 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Lorenz Park — delivered monthly.

Your savings

How much can you save selling your home in Lorenz Park?

The average Lorenz Park homeowner saves $7,301 by selling with Ridley instead of paying the traditional 3% listing commission on a $360,000 home.

$0Estimated savings

That's 6 months of groceries — save 2.0% of your home value

Your Lorenz Park home value

$360,000

$50,000$10M

Traditional Agent (3%)

$10,800

Ridley Pro (flat fee)

$3,499

Ready to sell in Lorenz Park?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Lorenz Park?

The total cost to sell a house in Lorenz Park in 2026 ranges from $999 with Ridley Essentials to approximately $10,800 with a traditional 3% commission on a $360,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$10,800	$3,499	$999	$0
Buyer agent	$10,0802.8% avg	$7,200~2% avg	$7,200~2% avg	$10,0802.8% avg
Closing costs (~1.5%)	$5,400	$5,400	$5,400	$5,400
Total cost	$26,280	$16,099	$13,599	$15,480
Net proceeds	$333,720	$343,901	$346,401	$344,520
You save	—	$10,181	$12,681	$10,800No support