Is 10950, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10950 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 10950 has remained a Seller's Market.

Key Takeaway

10950 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10950, NY

How much do homes in 10950, NY cost?

Median Sold Price

$499,166

$264/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,166(+2.9%)

Key Takeaway

Homes in 10950 have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in 10950 was $499,166 in November 2024, up 2.9% from last year, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $206K$180K
-12.6%
2 $260K$290K
+11.5%
3 $449K$432.5K
-3.7%
4 $626.5K$630K
+0.6%
5+ $660K$695K
+5.3%

Summary: 10950 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.6%, 2 bedroom homes increased by 11.5%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

10950
+2.9%
10930
0.1%
10926
-0.8%
10918
-2.9%

Housing Supply in 10950, NY

How many homes are available in 10950, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
171148-13.5%

Summary: The 10950 real estate market had 148 homes for sale in November 2024, a 13.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 86
-25.0%
2 1814
-22.2%
3 6653
-19.7%
4 5850
-13.8%
5+ 2125
+19.0%

Summary: The 10950 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 19.7%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes increased by 19%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3327-18.2%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10950, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 10950 in November 2024, down by 18.2% month-over-month. Of the 27 sold homes, 56% were sold under asking, 15% were sold at asking, and 30% were sold over asking.

Days on Market for 10950, NY

How long does it take to sell a home in 10950, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days58 Days+30.7%

Summary: Homes in 10950 had an average of 58 days on market in Nov 2024, up by 30.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 10950 has remained consistent over time.

Summary: During November 2024, 27 homes were sold in 10950; 37% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 15% 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 17 Days Ago

Newest Listings in 10950, NY

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