Is 10805, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10805 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 10805 was a Buyer's Market.

Key Takeaway

10805 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10805, NY

How much do homes in 10805, NY cost?

Median Sold Price

$319,500

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3,500(-1.1%)

Key Takeaway

Homes in 10805 have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in 10805 was $319,500 in November 2024, down 1.1% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $158K$177K
+12.0%
2 $230K$290K
+26.1%
3 $715K$636.7K
-10.9%
4 $679K$815K
+20.0%
5+ $812.5K$900K
+10.8%

Summary: 10805 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 26.1%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 10.8%.

Median Sold Price Compared To Nearby Zip Codes

10801
+14.5%
10805
-1.1%

Housing Supply in 10805, NY

How many homes are available in 10805, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7046-34.3%

Summary: The 10805 real estate market had 46 homes for sale in November 2024, a 34.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2922
-24.1%
2 93
-66.7%
3 114
-63.6%
4 87
-12.5%
5+ 1310
-23.1%

Summary: The 10805 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 24.1%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 63.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 23.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
198-57.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10805, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 10805 in November 2024, down by 57.9% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 10805, NY

How long does it take to sell a home in 10805, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
68 Days75 Days+11.3%

Summary: Homes in 10805 had an average of 75 days on market in Nov 2024, up by 11.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10805 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 10805; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% 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 18 Days Ago

Newest Listings in 10805, NY

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