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 November 2023

At the same time last year, 10473 was a Neutral 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

$572,500

$377/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$7,500(-1.3%)

Key Takeaway

Homes in 10473 have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in 10473 was $572,500 in November 2024, down 1.3% from last year, and the median price per square foot was $377.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $100.5K$250K
+148.8%
2 $335K$356K
+6.3%
3 $494.5K$542.5K
+9.7%
4 $590K$690.5K
+17.0%
5+ $787.5K$845K
+7.3%

Summary: 10473 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 148.8%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 7.3%.

Median Sold Price Compared To Nearby Zip Codes

10462
+10.9%
10465
+10.5%
11356
+4.7%
10473
-1.3%

Housing Supply in 10473, NY

How many homes are available in 10473, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6362-1.6%

Summary: The 10473 real estate market had 62 homes for sale in November 2024, a 1.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 912
+33.3%
3 2521
-16.0%
4 77
0.0%
5+ 2021
+5.0%

Summary: The 10473 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 16%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

2 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 10473, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 10473 in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% 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

Nov 2023Nov 2024CHANGE
71 Days57 Days-18.5%

Summary: Homes in 10473 had an average of 57 days on market in Nov 2024, down by 18.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10473 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 10473; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% 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 17 Days Ago

Newest Listings in 10473, NY

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