Is 10923, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10923 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 10923 was a Buyer's Market.

Key Takeaway

10923 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10923, NY

How much do homes in 10923, NY cost?

Median Sold Price

$575,000

$303/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$67,500(+13.3%)

Key Takeaway

Homes in 10923 have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in 10923 was $575,000 in November 2024, up 13.3% from last year, and the median price per square foot was $303.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $219K$105K
-52.1%
2 $339K$337.4K
-0.5%
3 $450K$447.5K
-0.6%
4 $530K$639K
+20.6%
5+ $549.5K$640K
+16.5%

Summary: 10923 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.1%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes increased by 16.5%.

Median Sold Price Compared To Nearby Zip Codes

10927
+19.0%
10923
+13.3%
10984
+9.9%
10980
+9.8%

Housing Supply in 10923, NY

How many homes are available in 10923, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2616-38.5%

Summary: The 10923 real estate market had 16 homes for sale in November 2024, a 38.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 83
-62.5%
4 96
-33.3%
5+ 74
-42.9%

Summary: The 10923 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 62.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10923, 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 10923 in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 10923, NY

How long does it take to sell a home in 10923, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days20 Days+260.0%

Summary: Homes in 10923 had an average of 20 days on market in Nov 2024, up by 260% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10923 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 10923; 100% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in 10923, NY

Nearby Markets to 10923, NY