Is 10920, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10920 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 10920 has remained a Seller's Market.

Key Takeaway

10920 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10920, NY

How much do homes in 10920, NY cost?

Median Sold Price

$648,000

$326/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$68,000(+11.7%)

Key Takeaway

Homes in 10920 have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in 10920 was $648,000 in December 2024, up 11.7% from last year, and the median price per square foot was $326.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$303.5K
N/A
2 $475K$479K
+0.8%
3 $550K$577.5K
+5.0%
4 $617.5K$685K
+10.9%
5+ $770K$779K
+1.2%

Summary: 10920 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Zip Codes

10920
+11.7%
10956
+10.8%
10927
+6.6%
10510
-1.7%
10989
-15.3%

Housing Supply in 10920, NY

How many homes are available in 10920, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3122-29.0%

Summary: The 10920 real estate market had 22 homes for sale in December 2024, a 29.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 75
-28.6%
4 1310
-23.1%
5+ 63
-50.0%

Summary: The 10920 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10920, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 10920 in December 2024, up by 100.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for 10920, NY

How long does it take to sell a home in 10920, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
22 Days45 Days+100.1%

Summary: Homes in 10920 had an average of 45 days on market in Dec 2024, up by 100.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10920 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 8 homes were sold in 10920; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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 10920, NY

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