Is 10024, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10024 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 10024 has remained a Buyer's Market.

Key Takeaway

10024 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10024, NY

How much do homes in 10024, NY cost?

Median Sold Price

$1,660,000

$1,458/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,500(+0.8%)

Key Takeaway

Homes in 10024 have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in 10024 was $1,660,000 in November 2024, up 0.8% from last year, and the median price per square foot was $1,458.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $775K$776K
0.1%
2 $1.5M$1.5M
+2.8%
3 $2.8M$2.9M
+4.8%
4 $4.9M$5.8M
+17.8%
5+ $6.3M$6.4M
+0.6%

Summary: 10024 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Zip Codes

10025
+11.0%
10028
+6.3%
10024
+0.8%
10023
-4.6%
10069
-24.8%

Housing Supply in 10024, NY

How many homes are available in 10024, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
298261-12.4%

Summary: The 10024 real estate market had 261 homes for sale in November 2024, a 12.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 8868
-22.7%
2 7065
-7.1%
3 6155
-9.8%
4 4033
-17.5%
5+ 3940
+2.6%

Summary: The 10024 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.7%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes increased by 2.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3120-35.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

19 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10024, expect to pay close to the asking price. 95% of homes here sold near the asking price last month.

Summary: A total of 20 homes were sold or pending in 10024 in November 2024, down by 35.5% month-over-month. Of the 20 sold homes, 5% were sold under asking, 95% were sold at asking, and 0% were sold over asking.

Days on Market for 10024, NY

How long does it take to sell a home in 10024, NY?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 10024 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 20 homes were sold in 10024; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 5% 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 17 Days Ago

Newest Listings in 10024, NY

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