<p>Home prices on Long Island may have reached their peak in 2024. NewsdayTV&#39;s Ken Buffa&nbsp;discusses with business reporter&nbsp;Jonathan LaMantia.</p>


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LI home prices may have hit 2024 peak 

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September median home prices show a slight dip 

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Home prices on Long Island may have reached their peak in 2024. NewsdayTV's Ken Buffa discusses with business reporter Jonathan LaMantia.

Median prices in Great Neck, Amityville and Franklin Square all increased at least 17% in the first half of 2024. NewsdayTV's Virginia Huie and Newsday business reporter Jonathan LaMantia have the story.

'Prices are crazy'

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The median single-family home in Nassau sold for $835,000 last month, while the Suffolk median rose to $680,000.

Home prices on Long Island are continuing to climb

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LI homebuyers can expect to gain greater buying power as mortgage rates dropped to 6.2% this week. NewsdayTV's Drew Scott and Newsday business reporter Jonathan LaMantia report.

'More buying power to homebuyers'

<a href="https://www.newsday.com/video/newsdaytv-top-stories">Get more on these and other NewsdayTV stories</a>

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