Thinking about buying a home this year? Fall may offer some opportunities worth considering, especially if you've been waiting for the market to become a little more favorable for buyers.Although
Is Fall the Right Time To Buy a Home on Long Island?
Dated: September 19 2026
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Thinking about buying a home this year? Fall may offer some opportunities worth considering, especially if you've been waiting for the market to become a little more favorable for buyers.
Although mortgage rates continue to create affordability challenges, seasonal trends could work in your favor.
According to Realtor.com, the week of September 27 through October 3 is expected to be the best time to buy a home nationally in 2026.
Here's why.
More Homes, Less Competition, and Better Negotiating Opportunities
As summer comes to an end, the housing market typically begins to slow down. This can create several advantages for buyers.
Realtor.com estimates that buyers during this period could see:
Lower prices: Homes priced approximately $14,000 below their summer peak.
Less competition: Around 30% fewer competing buyers.
More time: Homes staying on the market approximately 13 days longer.
These are national estimates, so actual conditions will vary depending on your local market.
For buyers on Long Island, this could mean having more time to evaluate properties, negotiate with sellers, and potentially find homes that better fit their budgets.
You Don't Have To Rush To Buy in One Week
While September 27 through October 3 is expected to be the strongest week nationally, the opportunity doesn't necessarily end there.
Realtor.com reports that 42 of the 50 largest metropolitan areas are expected to experience their most favorable buying week sometime in October.
If you're planning to purchase a home before the end of the year, fall could be a good time to revisit your options and see how the market has changed.
The Bottom Line
Buying a home is ultimately about finding the right property at a price and monthly payment you're comfortable with.
While higher mortgage rates remain a challenge, increased inventory, less competition, and potentially more negotiating room could make this fall an opportunity worth exploring.
The key is to understand your local market, prepare your finances, and move forward when the right opportunity comes along.
Chris V.
Christian Velez is a top-tier real estate professional with a 100% closing rate for both buyers and sellers. He secures the best deals through aggressive marketing, including calls, door knocking, and....
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