Is 10028, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10028 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 10028 has remained a Buyer's Market.

Key Takeaway

10028 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10028, NY

How much do homes in 10028, NY cost?

Median Sold Price

$1,413,750

$1,188/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$267,916(-15.9%)

Key Takeaway

Homes in 10028 have sold for 15.9% less than they did a year ago.

Summary: The median home sold price in 10028 was $1,413,750 in October 2024, down 15.9% from last year, and the median price per square foot was $1,188.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $722K$632.5K
-12.4%
2 $1.5M$1.5M
-4.8%
3 $2.5M$2.2M
-11.5%
4 $5.6M$4.7M
-15.6%
5+ $10.0M$8.8M
-11.3%

Summary: 10028 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes decreased by 11.3%.

Median Sold Price Compared To Nearby Zip Codes

10021
+10.4%
10128
+4.4%
10075
+1.8%
10023
-7.5%
10028
-15.9%

Housing Supply in 10028, NY

How many homes are available in 10028, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
237236-0.4%

Summary: The 10028 real estate market had 236 homes for sale in October 2024, a 0.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 6765
-3.0%
2 8278
-4.9%
3 4449
+11.4%
4 2728
+3.7%
5+ 1716
-5.9%

Summary: The 10028 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 5.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2227+22.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10028, expect to pay close to the asking price. 88.9% of homes here sold near the asking price last month.

Summary: A total of 27 homes were sold or pending in 10028 in October 2024, up by 22.7% month-over-month. Of the 27 sold homes, 11% were sold under asking, 89% were sold at asking, and 0% were sold over asking.

Days on Market for 10028, 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 14 Days Ago

Newest Listings in 10028, NY

Nearby Markets to 10028, NY