Is 10928, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10928 is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, 10928 has remained a Neutral Market.

Key Takeaway

10928 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 10928, NY

How much do homes in 10928, NY cost?

Median Sold Price

$422,500

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,000(+10.2%)

Key Takeaway

Homes in 10928 have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in 10928 was $422,500 in October 2024, up 10.2% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $200K-
N/A
2 $316K$412K
+30.4%
3 $392.4K$420K
+7.0%
4 $415K$440K
+6.0%
5+ $401.2K$689K
+71.7%

Summary: 10928 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 71.7%.

Housing Supply in 10928, NY

How many homes are available in 10928, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1921+10.5%

Summary: The 10928 real estate market had 21 homes for sale in October 2024, a 10.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 811
+37.5%
4 53
-40.0%
5+ 55
0.0%

Summary: The 10928 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 100%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10928, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 10928 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 10928, NY

How long does it take to sell a home in 10928, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
56 Days154 Days+173.2%

Summary: Homes in 10928 had an average of 154 days on market in Oct 2024, up by 173.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 10928 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in 10928; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

Newest Listings in 10928, NY

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