Is 10917, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10917 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 10917 was a Buyer's Market.

Key Takeaway

10917 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10917, NY

How much do homes in 10917, NY cost?

Median Sold Price

$650,000

$232/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$25,000(+4.0%)

Key Takeaway

Homes in 10917 have sold for 4% more than they did a month ago.

Summary: The median home sold price in 10917 was $650,000 in October 2024, up 4% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$475K
N/A
4 $590K$757K
+28.3%
5+ $660K$761.9K
+15.4%

Summary: 10917 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes increased by 15.4%.

Housing Supply in 10917, NY

How many homes are available in 10917, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1513-13.3%

Summary: The 10917 real estate market had 13 homes for sale in October 2024, a 13.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 87
-12.5%
5+ 43
-25.0%

Summary: The 10917 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10917, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in 10917 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for 10917, NY

How long does it take to sell a home in 10917, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
59 Days35 Days-41.2%

Summary: Homes in 10917 had an average of 35 days on market in Oct 2024, down by 41.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 10917 has remained consistent over time.

Summary: During October 2024, 5 homes were sold in 10917; 20% of homes were sold within 30 days, 80% 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 23 Days Ago

Newest Listings in 10917, NY

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