Is 10308, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10308 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 10308 was a Seller's Market.

Key Takeaway

10308 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10308, NY

How much do homes in 10308, NY cost?

Median Sold Price

$625,000

$408/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$162,500(-20.6%)

Key Takeaway

Homes in 10308 have sold for 20.6% less than they did a month ago.

Summary: The median home sold price in 10308 was $625,000 in October 2024, down 20.6% from last month, and the median price per square foot was $408.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $775K$475K
-38.7%
3 $760K$625K
-17.8%
4 $2.2M-
N/A
5+ $980K$700K
-28.6%

Summary: 10308 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.7%, 3 bedroom homes decreased by 17.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 28.6%.

Median Sold Price Compared To Nearby Zip Codes

10312
+33.7%
10306
+5.6%
10308
-20.6%

Housing Supply in 10308, NY

How many homes are available in 10308, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3133+6.5%

Summary: The 10308 real estate market had 33 homes for sale in October 2024, a 6.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 66
0.0%
3 1415
+7.1%
4 66
0.0%
5+ 35
+66.7%

Summary: The 10308 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10308, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 10308 in October 2024, down by 62.5% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 10308, NY

How long does it take to sell a home in 10308, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
83 Days79 Days-5.2%

Summary: Homes in 10308 had an average of 79 days on market in Oct 2024, down by 5.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10308 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 10308; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 10308, NY

Nearby Markets to 10308, NY