$10,000 Closing Credit*
$1,338,000
1,166 SqFt
Studio
•1 Bath
Listing Office: Century Homes Realty Group LLC
Is 10016, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 10016 has remained a Buyer's Market.
Key Takeaway
10016 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 10016, NY
How much do homes in 10016, NY cost?
Median Sold Price
$1,163,291
$1,311/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$36,708(-3.1%)
Key Takeaway
Homes in 10016 have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in 10016 was $1,163,291 in November 2024, down 3.1% from last year, and the median price per square foot was $1,311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $822.5K | $750K | -8.8% |
| 2 Bedrooms | $1.9M | $1.5M | -18.7% |
| 3 Bedrooms | $2.7M | $2.6M | -3.9% |
| 4 Bedrooms | $4.8M | $3.7M | -22.9% |
| 5+ Bedrooms | $3.3M | $5.7M | +70.8% |
Summary: 10016 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes decreased by 18.7%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes increased by 70.8%.
Housing Supply in 10016, NY
How many homes are available in 10016, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 376 | 323 | -14.1% |
Summary: The 10016 real estate market had 323 homes for sale in November 2024, a 14.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 165 | 135 | -18.2% |
| 2 Bedrooms | 147 | 122 | -17.0% |
| 3 Bedrooms | 44 | 45 | +2.3% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 10016 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes decreased by 17%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 28 | -31.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 10016, expect to pay close to the asking price. 89.3% of homes here sold near the asking price last month.
Summary: A total of 28 homes were sold or pending in 10016 in November 2024, down by 31.7% month-over-month. Of the 28 sold homes, 11% were sold under asking, 89% were sold at asking, and 0% were sold over asking.
Days on Market for 10016, NY
We’re sorry, we don't have information for this market at the moment
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