Is 10022, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10022 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 10022 has remained a Buyer's Market.

Key Takeaway

10022 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10022, NY

How much do homes in 10022, NY cost?

Median Sold Price

$1,088,437

$1,032/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,062(+0.8%)

Key Takeaway

Homes in 10022 have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in 10022 was $1,088,437 in November 2024, up 0.8% from last year, and the median price per square foot was $1,032.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $700K$697.5K
-0.4%
2 $1.2M$1.2M
0.0%
3 $2.4M$2.2M
-7.2%
4 $3.1M$3.3M
+8.0%
5+ $8.9M$7.0M
-21.9%

Summary: 10022 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 21.9%.

Housing Supply in 10022, NY

How many homes are available in 10022, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
568524-7.7%

Summary: The 10022 real estate market had 524 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 191173
-9.4%
2 221204
-7.7%
3 9085
-5.6%
4 3936
-7.7%
5+ 2726
-3.7%

Summary: The 10022 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.4%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 3.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3828-26.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10022, expect to pay close to the asking price. 92.9% of homes here sold near the asking price last month.

Summary: A total of 28 homes were sold or pending in 10022 in November 2024, down by 26.3% month-over-month. Of the 28 sold homes, 7% were sold under asking, 93% were sold at asking, and 0% were sold over asking.

Days on Market for 10022, 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 10022, NY

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