Is 10570, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10570 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 10570 was a Seller's Market.

Key Takeaway

10570 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10570, NY

How much do homes in 10570, NY cost?

Median Sold Price

$999,499

$412/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$194,499(+24.2%)

Key Takeaway

Homes in 10570 have sold for 24.2% more than they did a year ago.

Summary: The median home sold price in 10570 was $999,499 in October 2024, up 24.2% from last year, and the median price per square foot was $412.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $425K$378K
-11.1%
2 $532K$525K
-1.3%
3 $715K$1.1M
+53.8%
4 $919K$1.1M
+25.7%
5+ $1.2M$1.0M
-18.4%

Summary: 10570 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 53.8%, 4 bedroom homes increased by 25.7%, and 5+ bedroom homes decreased by 18.4%.

Median Sold Price Compared To Nearby Zip Codes

10570
+24.2%
10594
+22.1%
10514
+15.6%
10532
+4.6%
10510
+1.4%

Housing Supply in 10570, NY

How many homes are available in 10570, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3745+21.6%

Summary: The 10570 real estate market had 45 homes for sale in October 2024, a 21.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 46
+50.0%
3 1013
+30.0%
4 1412
-14.3%
5+ 610
+66.7%

Summary: The 10570 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10570, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 10570 in October 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 10570, NY

How long does it take to sell a home in 10570, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days25 Days-45.7%

Summary: Homes in 10570 had an average of 25 days on market in Oct 2024, down by 45.7% compared to last year.

Breakdown of Home Sale Times

4 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 10570 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 10570; 67% of homes were sold within 30 days, 33% 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 20 Days Ago

Newest Listings in 10570, NY

Nearby Markets to 10570, NY