Is 10027, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10027 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 10027 was a Neutral Market.

Key Takeaway

10027 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10027, NY

How much do homes in 10027, NY cost?

Median Sold Price

$1,075,000

$1,057/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$133,000(+14.1%)

Key Takeaway

Homes in 10027 have sold for 14.1% more than they did a year ago.

Summary: The median home sold price in 10027 was $1,075,000 in November 2024, up 14.1% from last year, and the median price per square foot was $1,057.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $680K$967.5K
+42.3%
2 $920K$900K
-2.2%
3 $1.5M$2.2M
+46.0%
4 $2.6M$6.7M
+154.7%
5+ $2.3M$2.7M
+16.2%

Summary: 10027 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.3%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 46%, 4 bedroom homes increased by 154.7%, and 5+ bedroom homes increased by 16.2%.

Housing Supply in 10027, NY

How many homes are available in 10027, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
159146-8.2%

Summary: The 10027 real estate market had 146 homes for sale in November 2024, a 8.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4440
-9.1%
2 6861
-10.3%
3 2725
-7.4%
4 66
0.0%
5+ 1414
0.0%

Summary: The 10027 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 10.3%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10027, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in 10027 in November 2024, up by 7.1% month-over-month. Of the 15 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 10027, 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 10027, NY

Nearby Markets to 10027, NY