Is 10314, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10314 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 10314 has remained a Seller's Market.

Key Takeaway

10314 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10314, NY

How much do homes in 10314, NY cost?

Median Sold Price

$709,000

$400/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$76,500(+12.1%)

Key Takeaway

Homes in 10314 have sold for 12.1% more than they did a month ago.

Summary: The median home sold price in 10314 was $709,000 in October 2024, up 12.1% from last month, and the median price per square foot was $400.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$317.5K
N/A
2 $519.2K$507.5K
-2.3%
3 $868K$709K
-18.3%
4 $700K$760K
+8.6%
5+ $720K$975K
+35.4%

Summary: 10314 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 2.3%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 35.4%.

Median Sold Price Compared To Nearby Zip Codes

10314
+12.1%
10303
+2.6%
10302
-24.3%

Housing Supply in 10314, NY

How many homes are available in 10314, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7473-1.4%

Summary: The 10314 real estate market had 73 homes for sale in October 2024, a 1.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 66
0.0%
2 1412
-14.3%
3 3233
+3.1%
4 1112
+9.1%
5+ 1110
-9.1%

Summary: The 10314 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14140.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10314, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 10314 in October 2024, the same as the previous month. Of the 14 sold homes, 57% were sold under asking, 7% were sold at asking, and 36% were sold over asking.

Days on Market for 10314, NY

How long does it take to sell a home in 10314, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
56 Days69 Days+23.0%

Summary: Homes in 10314 had an average of 69 days on market in Oct 2024, up by 23% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 10314 has remained consistent over time.

Summary: During October 2024, 14 homes were sold in 10314; 21% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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 10314, NY

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