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 November 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

$1,697,500

$1,329/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$101,000(+6.3%)

Key Takeaway

Homes in 10028 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 10028 was $1,697,500 in November 2024, up 6.3% from last year, and the median price per square foot was $1,329.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $720K$630K
-12.5%
2 $1.5M$1.7M
+10.4%
3 $2.5M$2.5M
+0.7%
4 $5.6M$4.7M
-15.6%
5+ $10.1M$8.9M
-12.0%

Summary: 10028 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes decreased by 12%.

Median Sold Price Compared To Nearby Zip Codes

10028
+6.3%
10128
+5.7%
10075
+2.7%
10021
+2.6%
10023
-4.6%

Housing Supply in 10028, NY

How many homes are available in 10028, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
254203-20.1%

Summary: The 10028 real estate market had 203 homes for sale in November 2024, a 20.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 6755
-17.9%
2 8765
-25.3%
3 5340
-24.5%
4 2826
-7.1%
5+ 1917
-10.5%

Summary: The 10028 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 17.9%, 2 bedroom homes decreased by 25.3%, 3 bedroom homes decreased by 24.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 10.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4115-63.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

13 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. 86.7% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in 10028 in November 2024, down by 63.4% month-over-month. Of the 15 sold homes, 13% were sold under asking, 87% 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 17 Days Ago

Newest Listings in 10028, NY

Nearby Markets to 10028, NY