Is 10591, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10591 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 10591 has remained a Seller's Market.

Key Takeaway

10591 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10591, NY

How much do homes in 10591, NY cost?

Median Sold Price

$710,000

$431/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$18,750(+2.7%)

Key Takeaway

Homes in 10591 have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in 10591 was $710,000 in December 2024, up 2.7% from last year, and the median price per square foot was $431.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $230K$272K
+18.3%
2 $609K$665.5K
+9.3%
3 $850K$857K
+0.8%
4 $910K$1.2M
+34.1%
5+ $1.1M$925K
-17.4%

Summary: 10591 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 34.1%, and 5+ bedroom homes decreased by 17.4%.

Median Sold Price Compared To Nearby Zip Codes

10595
+12.9%
10523
+7.0%
10532
+6.1%
10591
+2.7%
10533
0%

Housing Supply in 10591, NY

How many homes are available in 10591, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6351-19.0%

Summary: The 10591 real estate market had 51 homes for sale in December 2024, a 19.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 118
-27.3%
2 1817
-5.6%
3 1411
-21.4%
4 1110
-9.1%
5+ 95
-44.4%

Summary: The 10591 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 27.3%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 44.4%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1416+14.3%

Asking Price vs. Sold Price

6 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 10591, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 10591 in December 2024, up by 14.3% month-over-month. Of the 16 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.

Days on Market for 10591, NY

How long does it take to sell a home in 10591, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
35 Days67 Days+89.3%

Summary: Homes in 10591 had an average of 67 days on market in Dec 2024, up by 89.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 10591 has remained consistent over time.

Summary: During December 2024, 16 homes were sold in 10591; 31% of homes were sold within 30 days, 44% 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 6 Days Ago

Newest Listings in 10591, NY

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