Is 10520, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10520 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 10520 was a Seller's Market.

Key Takeaway

10520 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 10520, NY

How much do homes in 10520, NY cost?

Median Sold Price

$770,000

$391/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$85,000(+12.4%)

Key Takeaway

Homes in 10520 have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in 10520 was $770,000 in November 2024, up 12.4% from last year, and the median price per square foot was $391.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $364K$165K
-54.7%
2 $445K$525K
+18.0%
3 $635K$780K
+22.8%
4 $999.9K$880K
-12.0%
5+ $1.1M$1.3M
+16.6%

Summary: 10520 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.7%, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 22.8%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 16.6%.

Median Sold Price Compared To Nearby Zip Codes

10598
+17.5%
10567
+16.7%
10562
+14.7%
10548
+14.6%
10520
+12.4%

Housing Supply in 10520, NY

How many homes are available in 10520, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3425-26.5%

Summary: The 10520 real estate market had 25 homes for sale in November 2024, a 26.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 00
0.0%
3 2117
-19.0%
4 106
-40.0%
5+ 11
0.0%

Summary: The 10520 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 remained the same, 3 bedroom homes decreased by 19%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

1 Home Was 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 10520, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 10520 in November 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for 10520, NY

How long does it take to sell a home in 10520, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days29 Days+12.0%

Summary: Homes in 10520 had an average of 29 days on market in Nov 2024, up by 12% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10520 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 10520; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in 10520, NY

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