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 December 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

$432,500

$300/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$12,500(+3.0%)

Key Takeaway

Homes in 10925 have sold for 3% more than they did a year ago.

Summary: The median home sold price in 10925 was $432,500 in December 2024, up 3% from last year, and the median price per square foot was $300.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $307K$314.4K
+2.4%
2 $330K$391.9K
+18.8%
3 $450K$451.5K
0.3%
4 $555K$556K
0.2%
5+ $662.5K$869K
+31.2%

Summary: 10925 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 31.2%.

Median Sold Price Compared To Nearby Zip Codes

10925
+3.0%
10950
-0.6%
10990
-0.9%
10987
-2.9%

Housing Supply in 10925, NY

How many homes are available in 10925, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3631-13.9%

Summary: The 10925 real estate market had 31 homes for sale in December 2024, a 13.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1613
-18.8%
3 1615
-6.3%
4 32
-33.3%
5+ 00
0.0%

Summary: The 10925 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 18.8%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 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 10925, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 10925 in December 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% 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

Dec 2023Dec 2024CHANGE
67 Days121 Days+79.2%

Summary: Homes in 10925 had an average of 121 days on market in Dec 2024, up by 79.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Most homes in 10925 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 6 homes were sold in 10925; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% 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 10925, NY

Nearby Markets to 10925, NY