Is 10965, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10965 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 10965 has remained a Seller's Market.

Key Takeaway

10965 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10965, NY

How much do homes in 10965, NY cost?

Median Sold Price

$642,500

$370/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$75,500(+13.3%)

Key Takeaway

Homes in 10965 have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in 10965 was $642,500 in November 2024, up 13.3% from last year, and the median price per square foot was $370.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $263K$270K
+2.7%
2 $490K$420K
-14.3%
3 $553.5K$620K
+12.0%
4 $640K$764.5K
+19.5%
5+ $685K$790K
+15.3%

Summary: 10965 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 15.3%.

Median Sold Price Compared To Nearby Zip Codes

10962
+15.0%
10965
+13.3%
10994
+11.8%
10913
+6.4%
10954
-0.9%

Housing Supply in 10965, NY

How many homes are available in 10965, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4328-34.9%

Summary: The 10965 real estate market had 28 homes for sale in November 2024, a 34.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 44
0.0%
3 115
-54.5%
4 2314
-39.1%
5+ 44
0.0%

Summary: The 10965 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 54.5%, 4 bedroom homes decreased by 39.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
137-46.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10965, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 10965 in November 2024, down by 46.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for 10965, NY

How long does it take to sell a home in 10965, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days33 Days-4.4%

Summary: Homes in 10965 had an average of 33 days on market in Nov 2024, down by 4.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10965 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in 10965; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 10965, NY

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