$400,000
1.81 Acres
Land
Listing Office: Julia B Fee Sothebys Int. Rlty
Is 10506, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 10506 has remained a Neutral Market.
Key Takeaway
10506 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 10506, NY
How much do homes in 10506, NY cost?
Median Sold Price
$1,422,500
$442/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$222,500(+18.5%)
Key Takeaway
Homes in 10506 have sold for 18.5% more than they did a year ago.
Summary: The median home sold price in 10506 was $1,422,500 in November 2024, up 18.5% from last year, and the median price per square foot was $442.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $673K | $995K | +47.8% |
| 3 Bedrooms | $935K | $1.1M | +23.0% |
| 4 Bedrooms | $1.4M | $1.4M | -2.1% |
| 5+ Bedrooms | $2.3M | $2.3M | -0.3% |
Summary: 10506 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.8%, 3 bedroom homes increased by 23%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 0.3%.
Housing Supply in 10506, NY
How many homes are available in 10506, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 21 | -32.3% |
Summary: The 10506 real estate market had 21 homes for sale in November 2024, a 32.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 12 | 7 | -41.7% |
| 5+ Bedrooms | 12 | 8 | -33.3% |
Summary: The 10506 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 41.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 10506, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 10506 in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 10506, NY
How long does it take to sell a home in 10506, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 29 Days | +278.3% |
Summary: Homes in 10506 had an average of 29 days on market in Nov 2024, up by 278.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 10506 has remained consistent over time.
Summary: During November 2024, 3 homes were sold in 10506; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.