$9,322 Closing Credit*
$785,000
4 Beds
•3 Full Baths
Listing Office: Houlihan Lawrence Inc.
Is 10550, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 10550 was a Seller's Market.
Key Takeaway
10550 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 10550, NY
How much do homes in 10550, NY cost?
Median Sold Price
$582,500
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,500(+3.1%)
Key Takeaway
Homes in 10550 have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in 10550 was $582,500 in November 2024, up 3.1% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $99K | -20.8% |
| 2 Bedrooms | $382.5K | $420K | +9.8% |
| 3 Bedrooms | $444.5K | $493.4K | +11.0% |
| 4 Bedrooms | $532K | $582.5K | +9.5% |
| 5+ Bedrooms | $670K | $730K | +9.0% |
Summary: 10550 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 9%.
Housing Supply in 10550, NY
How many homes are available in 10550, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 51 | -17.7% |
Summary: The 10550 real estate market had 51 homes for sale in November 2024, a 17.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 35 | 29 | -17.1% |
Summary: The 10550 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 33.3%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 17.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 10550, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 10550 in November 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 10550, NY
How long does it take to sell a home in 10550, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 94 Days | 89 Days | -5.2% |
Summary: Homes in 10550 had an average of 89 days on market in Nov 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 10550 has remained consistent over time.
Summary: During November 2024, 5 homes were sold in 10550; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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.