Is 10023, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10023 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 10023 has remained a Buyer's Market.

Key Takeaway

10023 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10023, NY

How much do homes in 10023, NY cost?

Median Sold Price

$1,266,666

$1,394/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$103,333(-7.5%)

Key Takeaway

Homes in 10023 have sold for 7.5% less than they did a year ago.

Summary: The median home sold price in 10023 was $1,266,666 in October 2024, down 7.5% from last year, and the median price per square foot was $1,394.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $841K$849K
+1.0%
2 $1.5M$1.5M
+0.8%
3 $2.9M$2.7M
-6.8%
4 $4.9M$5.0M
+2.4%
5+ $6.4M$9.1M
+42.6%

Summary: 10023 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 42.6%.

Median Sold Price Compared To Nearby Zip Codes

10024
0.4%
10019
-5.2%
10023
-7.5%
10028
-15.9%
10069
-18.0%

Housing Supply in 10023, NY

How many homes are available in 10023, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
338325-3.8%

Summary: The 10023 real estate market had 325 homes for sale in October 2024, a 3.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 129122
-5.4%
2 8779
-9.2%
3 5453
-1.9%
4 3236
+12.5%
5+ 3635
-2.8%

Summary: The 10023 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.4%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 2.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3045+50.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10023, expect to pay close to the asking price. 82.2% of homes here sold near the asking price last month.

Summary: A total of 45 homes were sold or pending in 10023 in October 2024, up by 50.0% month-over-month. Of the 45 sold homes, 16% were sold under asking, 82% were sold at asking, and 2% were sold over asking.

Days on Market for 10023, NY

How long does it take to sell a home in 10023, NY?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 10023 has remained consistent over time.

Summary: During October 2024, 45 homes were sold in 10023; 0% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 14 Days Ago

Newest Listings in 10023, NY

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