Is 10590, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10590 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 10590 has remained a Seller's Market.

Key Takeaway

10590 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10590, NY

How much do homes in 10590, NY cost?

Median Sold Price

$817,500

$370/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$31,000(+3.9%)

Key Takeaway

Homes in 10590 have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in 10590 was $817,500 in December 2024, up 3.9% from last year, and the median price per square foot was $370.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $287.2K$373K
+29.8%
2 $599K$524K
-12.5%
3 $761.2K$795K
+4.4%
4 $1.0M$1.1M
+14.5%
5+ $1.3M$1.4M
+4.7%

Summary: 10590 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.8%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Zip Codes

10576
+6.2%
10590
+3.9%
06877
0.0%

Housing Supply in 10590, NY

How many homes are available in 10590, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3624-33.3%

Summary: The 10590 real estate market had 24 homes for sale in December 2024, a 33.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 43
-25.0%
2 66
0.0%
3 128
-33.3%
4 105
-50.0%
5+ 42
-50.0%

Summary: The 10590 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10590, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 10590 in December 2024, down by 37.5% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% were sold over asking.

Days on Market for 10590, NY

How long does it take to sell a home in 10590, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
29 Days31 Days+7.3%

Summary: Homes in 10590 had an average of 31 days on market in Dec 2024, up by 7.3% compared to last year.

Breakdown of Home Sale Times

3 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 10590 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in 10590; 60% of homes were sold within 30 days, 40% 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 4 Days Ago

Newest Listings in 10590, NY

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