Is 10925, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10925 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 10925 has remained a Seller's Market.

Key Takeaway

10925 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10925, NY

How much do homes in 10925, NY cost?

Median Sold Price

$445,000

$287/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,500(+5.3%)

Key Takeaway

Homes in 10925 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 10925 was $445,000 in October 2024, up 5.3% from last year, and the median price per square foot was $287.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $307K$279.9K
-8.8%
2 $360.5K$391.9K
+8.7%
3 $450K$459K
+2.0%
4 $522K$500K
-4.2%
5+ $630K$869K
+37.9%

Summary: 10925 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 37.9%.

Median Sold Price Compared To Nearby Zip Codes

10925
+5.3%
10990
+5.1%
10950
+3.9%
10987
+3.4%

Housing Supply in 10925, NY

How many homes are available in 10925, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4551+13.3%

Summary: The 10925 real estate market had 51 homes for sale in October 2024, a 13.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1620
+25.0%
3 2123
+9.5%
4 66
0.0%
5+ 11
0.0%

Summary: The 10925 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 increased by 25%, 3 bedroom homes increased by 9.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
311+266.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10925, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 10925 in October 2024, up by 266.7% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.

Days on Market for 10925, NY

How long does it take to sell a home in 10925, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days51 Days+21.0%

Summary: Homes in 10925 had an average of 51 days on market in Oct 2024, up by 21% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 10925 has remained consistent over time.

Summary: During October 2024, 11 homes were sold in 10925; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% 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 10925, NY

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