Is 10510, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10510 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 10510 has remained a Seller's Market.

Key Takeaway

10510 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10510, NY

How much do homes in 10510, NY cost?

Median Sold Price

$885,000

$357/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$15,000(-1.7%)

Key Takeaway

Homes in 10510 have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in 10510 was $885,000 in December 2024, down 1.7% from last year, and the median price per square foot was $357.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $355K$430K
+21.1%
2 $595K$657.5K
+10.5%
3 $860K$850K
-1.2%
4 $930K$1.2M
+35.5%
5+ $1.4M$1.3M
-11.9%

Summary: 10510 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 35.5%, and 5+ bedroom homes decreased by 11.9%.

Median Sold Price Compared To Nearby Zip Codes

10570
+24.4%
10514
+16.3%
10562
+11.0%
10591
+2.7%
10510
-1.7%

Housing Supply in 10510, NY

How many homes are available in 10510, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3319-42.4%

Summary: The 10510 real estate market had 19 homes for sale in December 2024, a 42.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 21
-50.0%
2 96
-33.3%
3 62
-66.7%
4 106
-40.0%
5+ 64
-33.3%

Summary: The 10510 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10510, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 10510 in December 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for 10510, NY

How long does it take to sell a home in 10510, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
64 Days66 Days+3.8%

Summary: Homes in 10510 had an average of 66 days on market in Dec 2024, up by 3.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 10510 has remained consistent over time.

Summary: During December 2024, 8 homes were sold in 10510; 25% of homes were sold within 30 days, 38% 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 7 Days Ago

Newest Listings in 10510, NY

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