Is 10522, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10522 is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, 10522 has remained a Neutral Market.

Key Takeaway

10522 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 10522, NY

How much do homes in 10522, NY cost?

Median Sold Price

$989,000

$453/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$130,000(+15.1%)

Key Takeaway

Homes in 10522 have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in 10522 was $989,000 in November 2024, up 15.1% from last year, and the median price per square foot was $453.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $396K$255K
-35.6%
2 $553.5K$590K
+6.6%
3 $875K$950K
+8.6%
4 $925K$1.3M
+41.5%
5+ $1.1M$1.4M
+25.5%

Summary: 10522 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.6%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 41.5%, and 5+ bedroom homes increased by 25.5%.

Median Sold Price Compared To Nearby Zip Codes

10522
+15.1%
10706
+10.0%
10607
+4.1%
10502
+0.9%
10533
-8.2%

Housing Supply in 10522, NY

How many homes are available in 10522, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3927-30.8%

Summary: The 10522 real estate market had 27 homes for sale in November 2024, a 30.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 87
-12.5%
3 75
-28.6%
4 147
-50.0%
5+ 98
-11.1%

Summary: The 10522 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10522, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 10522 in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 10522, NY

How long does it take to sell a home in 10522, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days57 Days+30.1%

Summary: Homes in 10522 had an average of 57 days on market in Nov 2024, up by 30.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 10522 has remained consistent over time.

Summary: During November 2024, 4 homes were sold in 10522; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 10522, NY

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