Is 10005, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10005 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 10005 was a Buyer's Market.

Key Takeaway

10005 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 10005, NY

How much do homes in 10005, NY cost?

Median Sold Price

$1,150,000

$1,134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$74,500(-6.1%)

Key Takeaway

Homes in 10005 have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in 10005 was $1,150,000 in October 2024, down 6.1% from last year, and the median price per square foot was $1,134.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $990K$940K
-5.1%
2 $1.5M$1.4M
-8.0%
3 $1.9M$2.6M
+38.5%
4 $6.6M-
N/A
5+ --
N/A

Summary: 10005 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 38.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 10005, NY

How many homes are available in 10005, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7879+1.3%

Summary: The 10005 real estate market had 79 homes for sale in October 2024, a 1.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3433
-2.9%
2 3637
+2.8%
3 46
+50.0%
4 33
0.0%
5+ 10
-100.0%

Summary: The 10005 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.9%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10005, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in 10005 in October 2024, up by 71.4% month-over-month. Of the 12 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 10005, NY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in 10005, NY

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