Is 10007, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10007 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 10007 has remained a Buyer's Market.

Key Takeaway

10007 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10007, NY

How much do homes in 10007, NY cost?

Median Sold Price

$2,725,000

$1,745/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$272,000(-9.1%)

Key Takeaway

Homes in 10007 have sold for 9.1% less than they did a year ago.

Summary: The median home sold price in 10007 was $2,725,000 in November 2024, down 9.1% from last year, and the median price per square foot was $1,745.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $1.3M$1.6M
+16.9%
2 $2.9M$2.6M
-9.2%
3 $4.6M$3.6M
-22.2%
4 $8.0M$6.7M
-15.5%
5+ $13.4M$6.7M
-50.0%

Summary: 10007 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.9%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes decreased by 50%.

Median Sold Price Compared To Nearby Zip Codes

10038
+16.5%
10013
0.0%
10007
-9.1%

Housing Supply in 10007, NY

How many homes are available in 10007, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7167-5.6%

Summary: The 10007 real estate market had 67 homes for sale in November 2024, a 5.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 75
-28.6%
2 2726
-3.7%
3 2524
-4.0%
4 66
0.0%
5+ 66
0.0%

Summary: The 10007 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10007, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in 10007 in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 10007, 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 17 Days Ago

Newest Listings in 10007, NY

Nearby Markets to 10007, NY