Is 10803, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10803 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 10803 was a Seller's Market.

Key Takeaway

10803 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 10803, NY

How much do homes in 10803, NY cost?

Median Sold Price

$1,225,000

$524/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$307,979(+33.6%)

Key Takeaway

Homes in 10803 have sold for 33.6% more than they did a year ago.

Summary: The median home sold price in 10803 was $1,225,000 in November 2024, up 33.6% from last year, and the median price per square foot was $524.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $159.5K$216K
+35.4%
2 $612K$325K
-46.9%
3 $723.2K$1.0M
+41.7%
4 $1.1M$1.4M
+24.5%
5+ $1.7M$1.8M
+6.3%

Summary: 10803 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.4%, 2 bedroom homes decreased by 46.9%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Zip Codes

10803
+33.6%
10801
+14.5%
10550
+3.1%
10553
+1.1%
10805
-1.1%

Housing Supply in 10803, NY

How many homes are available in 10803, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4830-37.5%

Summary: The 10803 real estate market had 30 homes for sale in November 2024, a 37.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 35
+66.7%
2 97
-22.2%
3 102
-80.0%
4 169
-43.8%
5+ 107
-30.0%

Summary: The 10803 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 80%, 4 bedroom homes decreased by 43.8%, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10803, 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 10803 in November 2024, down by 50.0% month-over-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 10803, NY

How long does it take to sell a home in 10803, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days58 Days+37.4%

Summary: Homes in 10803 had an average of 58 days on market in Nov 2024, up by 37.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10803 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 10803; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 21 Days Ago

Newest Listings in 10803, NY

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