Is 10473, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10473 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 10473 has remained a Buyer's Market.

Key Takeaway

10473 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10473, NY

How much do homes in 10473, NY cost?

Median Sold Price

$575,000

$357/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+0.9%)

Key Takeaway

Homes in 10473 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 10473 was $575,000 in October 2024, up 0.9% from last year, and the median price per square foot was $357.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $92.5K$105K
+13.5%
2 $335K$351.5K
+4.9%
3 $465K$542.5K
+16.7%
4 $590K$652.5K
+10.6%
5+ $795K$805K
+1.3%

Summary: 10473 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Zip Codes

10462
+10.4%
10465
+9.0%
11356
+4.6%
10473
+0.9%

Housing Supply in 10473, NY

How many homes are available in 10473, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8991+2.2%

Summary: The 10473 real estate market had 91 homes for sale in October 2024, a 2.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 1716
-5.9%
3 3232
0.0%
4 1111
0.0%
5+ 2628
+7.7%

Summary: The 10473 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 7.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10473, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 10473 in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for 10473, NY

How long does it take to sell a home in 10473, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
60 Days110 Days+81.2%

Summary: Homes in 10473 had an average of 110 days on market in Oct 2024, up by 81.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in 10473 has remained consistent over time.

Summary: During October 2024, 6 homes were sold in 10473; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% 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 10473, NY

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