Is 10960, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10960 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 10960 was a Neutral Market.

Key Takeaway

10960 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10960, NY

How much do homes in 10960, NY cost?

Median Sold Price

$650,000

$396/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,000(+5.5%)

Key Takeaway

Homes in 10960 have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in 10960 was $650,000 in October 2024, up 5.5% from last year, and the median price per square foot was $396.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $265K$310K
+17.0%
2 $439K$475K
+8.2%
3 $675K$680K
+0.7%
4 $900K$956.5K
+6.3%
5+ $1.0M$1.1M
+11.9%

Summary: 10960 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 11.9%.

Median Sold Price Compared To Nearby Zip Codes

10968
+49.7%
10994
+13.5%
10913
+5.9%
10960
+5.5%
10989
-10.2%

Housing Supply in 10960, NY

How many homes are available in 10960, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6162+1.6%

Summary: The 10960 real estate market had 62 homes for sale in October 2024, a 1.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 129
-25.0%
2 78
+14.3%
3 1920
+5.3%
4 1311
-15.4%
5+ 1014
+40.0%

Summary: The 10960 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10960, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 10960 in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 10960, NY

How long does it take to sell a home in 10960, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days81 Days+92.9%

Summary: Homes in 10960 had an average of 81 days on market in Oct 2024, up by 92.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 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 10960 has remained consistent over time.

Summary: During October 2024, 6 homes were sold in 10960; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% 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 16 Days Ago

Newest Listings in 10960, NY

Nearby Markets to 10960, NY