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 October 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

$2,697,500

$1,703/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$305,625(-10.2%)

Key Takeaway

Homes in 10007 have sold for 10.2% less than they did a year ago.

Summary: The median home sold price in 10007 was $2,697,500 in October 2024, down 10.2% from last year, and the median price per square foot was $1,703.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $1.4M$1.6M
+15.5%
2 $2.9M$2.6M
-13.0%
3 $4.6M$3.5M
-23.5%
4 $8.0M$7.5M
-5.6%
5+ $13.4M$6.7M
-50.0%

Summary: 10007 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 50%.

Median Sold Price Compared To Nearby Zip Codes

10038
+12.0%
10013
+1.9%
10007
-10.2%

Housing Supply in 10007, NY

How many homes are available in 10007, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6870+2.9%

Summary: The 10007 real estate market had 70 homes for sale in October 2024, a 2.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 98
-11.1%
2 2324
+4.3%
3 2325
+8.7%
4 109
-10.0%
5+ 34
+33.3%

Summary: The 10007 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 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 4 homes were sold or pending in 10007 in October 2024, up by 33.3% month-over-month. Of the 4 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 16 Days Ago

Newest Listings in 10007, NY

Nearby Markets to 10007, NY