Is 10305, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10305 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 10305 has remained a Buyer's Market.

Key Takeaway

10305 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10305, NY

How much do homes in 10305, NY cost?

Median Sold Price

$680,000

$546/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$61,500(-8.3%)

Key Takeaway

Homes in 10305 have sold for 8.3% less than they did a month ago.

Summary: The median home sold price in 10305 was $680,000 in November 2024, down 8.3% from last month, and the median price per square foot was $546.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$600K
N/A
3 $685K$707.5K
+3.3%
4 $939.9K-
N/A
5+ $997.5K-
N/A

Summary: 10305 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

10306
-1.3%
10305
-8.3%

Housing Supply in 10305, NY

How many homes are available in 10305, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4339-9.3%

Summary: The 10305 real estate market had 39 homes for sale in November 2024, a 9.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 33
0.0%
3 1916
-15.8%
4 1213
+8.3%
5+ 65
-16.7%

Summary: The 10305 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10305, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 10305 in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 10305, NY

How long does it take to sell a home in 10305, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
69 Days52 Days-24.8%

Summary: Homes in 10305 had an average of 52 days on market in Nov 2024, down by 24.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10305 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 10305; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in 10305, NY

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