Is 10573, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10573 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 10573 was a Seller's Market.

Key Takeaway

10573 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10573, NY

How much do homes in 10573, NY cost?

Median Sold Price

$800,500

$403/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$80,500(+11.2%)

Key Takeaway

Homes in 10573 have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in 10573 was $800,500 in October 2024, up 11.2% from last year, and the median price per square foot was $403.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $320K$185K
-42.2%
2 $498K$540K
+8.4%
3 $786.1K$853.5K
+8.6%
4 $930K$915K
-1.6%
5+ $842.5K$1.0M
+22.6%

Summary: 10573 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.2%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 22.6%.

Median Sold Price Compared To Nearby Zip Codes

10580
+20.1%
10573
+11.2%
06830
+6.7%
10604
+3.6%
10577
-24.8%

Housing Supply in 10573, NY

How many homes are available in 10573, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
97106+9.3%

Summary: The 10573 real estate market had 106 homes for sale in October 2024, a 9.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1516
+6.7%
2 2121
0.0%
3 2329
+26.1%
4 1922
+15.8%
5+ 1918
-5.3%

Summary: The 10573 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 5.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1715-11.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10573, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 10573 in October 2024, down by 11.8% month-over-month. Of the 15 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 10573, NY

How long does it take to sell a home in 10573, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days39 Days+54.9%

Summary: Homes in 10573 had an average of 39 days on market in Oct 2024, up by 54.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10573 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 15 homes were sold in 10573; 47% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 13% 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 14 Days Ago

Newest Listings in 10573, NY

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