Is 10038, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10038 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 10038 has remained a Buyer's Market.

Key Takeaway

10038 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10038, NY

How much do homes in 10038, NY cost?

Median Sold Price

$1,075,000

$1,157/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$152,500(+16.5%)

Key Takeaway

Homes in 10038 have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in 10038 was $1,075,000 in November 2024, up 16.5% from last year, and the median price per square foot was $1,157.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $740K$788.5K
+6.6%
2 $1.1M$1.1M
+1.7%
3 $2.8M$2.8M
0.4%
4 -$5.1M
N/A
5+ --
N/A

Summary: 10038 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

10038
+16.5%
10005
+1.5%
10007
-9.1%

Housing Supply in 10038, NY

How many homes are available in 10038, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8066-17.5%

Summary: The 10038 real estate market had 66 homes for sale in November 2024, a 17.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3226
-18.8%
2 3123
-25.8%
3 1111
0.0%
4 33
0.0%
5+ 33
0.0%

Summary: The 10038 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.8%, 2 bedroom homes decreased by 25.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
114-63.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10038, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 10038 in November 2024, down by 63.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for 10038, 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 10038, NY

Nearby Markets to 10038, NY