Is 10463, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10463 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 10463 was a Neutral Market.

Key Takeaway

10463 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10463, NY

How much do homes in 10463, NY cost?

Median Sold Price

$344,416

$342/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,083(-3.4%)

Key Takeaway

Homes in 10463 have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in 10463 was $344,416 in October 2024, down 3.4% from last year, and the median price per square foot was $342.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $234.1K$240K
+2.5%
2 $379.5K$338.5K
-10.8%
3 $585K$735K
+25.6%
4 $795K$999K
+25.7%
5+ $1.0M$951.9K
-11.4%

Summary: 10463 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 25.7%, and 5+ bedroom homes decreased by 11.4%.

Median Sold Price Compared To Nearby Zip Codes

10471
+4.7%
10463
-3.4%

Housing Supply in 10463, NY

How many homes are available in 10463, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
272268-1.5%

Summary: The 10463 real estate market had 268 homes for sale in October 2024, a 1.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 9397
+4.3%
2 123120
-2.4%
3 3230
-6.3%
4 1211
-8.3%
5+ 1210
-16.7%

Summary: The 10463 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.3%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2815-46.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10463, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in 10463 in October 2024, down by 46.4% month-over-month. Of the 15 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for 10463, NY

How long does it take to sell a home in 10463, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
102 Days40 Days-60.6%

Summary: Homes in 10463 had an average of 40 days on market in Oct 2024, down by 60.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10463 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 15 homes were sold in 10463; 40% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% 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 14 Days Ago

Newest Listings in 10463, NY

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