$10,000 Closing Credit*
$1,755,000
3,541 SqFt
4 Beds
•4 Full Baths
Listing Office: Compass Greater NY, LLC
Is 10514, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 10514 has remained a Seller's Market.
Key Takeaway
10514 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 10514, NY
How much do homes in 10514, NY cost?
Median Sold Price
$1,410,500
$442/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$190,500(+15.6%)
Key Takeaway
Homes in 10514 have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in 10514 was $1,410,500 in October 2024, up 15.6% from last year, and the median price per square foot was $442.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $376.2K | $410K | +9.0% |
| 2 Bedrooms | $640K | $1.3M | +116.1% |
| 3 Bedrooms | $983.4K | $1.3M | +32.2% |
| 4 Bedrooms | $1.5M | $1.4M | -6.9% |
| 5+ Bedrooms | $1.5M | $2.2M | +40.8% |
Summary: 10514 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 116.1%, 3 bedroom homes increased by 32.2%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 40.8%.
Housing Supply in 10514, NY
How many homes are available in 10514, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 64 | -1.5% |
Summary: The 10514 real estate market had 64 homes for sale in October 2024, a 1.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 24 | 22 | -8.3% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The 10514 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 10514, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 10514 in October 2024, up by 22.2% month-over-month. Of the 11 sold homes, 55% were sold under asking, 9% were sold at asking, and 36% were sold over asking.
Days on Market for 10514, NY
How long does it take to sell a home in 10514, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 51 Days | +35.5% |
Summary: Homes in 10514 had an average of 51 days on market in Oct 2024, up by 35.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 10514 has remained consistent over time.
Summary: During October 2024, 11 homes were sold in 10514; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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