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 November 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

$1,275,000

$1,426/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$61,190(-4.6%)

Key Takeaway

Homes in 10023 have sold for 4.6% less than they did a year ago.

Summary: The median home sold price in 10023 was $1,275,000 in November 2024, down 4.6% from last year, and the median price per square foot was $1,426.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $840K$849K
+1.1%
2 $1.5M$1.5M
+0.8%
3 $2.9M$2.8M
-4.3%
4 $4.8M$5.1M
+4.3%
5+ $6.6M$9.1M
+39.4%

Summary: 10023 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 39.4%.

Median Sold Price Compared To Nearby Zip Codes

10028
+6.3%
10024
+0.8%
10023
-4.6%
10019
-10.4%
10069
-24.8%

Housing Supply in 10023, NY

How many homes are available in 10023, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
338266-21.3%

Summary: The 10023 real estate market had 266 homes for sale in November 2024, a 21.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13393
-30.1%
2 8364
-22.9%
3 6052
-13.3%
4 2723
-14.8%
5+ 3534
-2.9%

Summary: The 10023 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30.1%, 2 bedroom homes decreased by 22.9%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes decreased by 2.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5130-41.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

27 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. 90% of homes here sold near the asking price last month.

Summary: A total of 30 homes were sold or pending in 10023 in November 2024, down by 41.2% month-over-month. Of the 30 sold homes, 7% were sold under asking, 90% were sold at asking, and 3% were sold over asking.

Days on Market for 10023, 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 10023, NY

Nearby Markets to 10023, NY