Is 10973, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10973 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 10973 was a Buyer's Market.

Key Takeaway

10973 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10973, NY

How much do homes in 10973, NY cost?

Median Sold Price

$156,250

$101/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$333,750(-68.1%)

Key Takeaway

Homes in 10973 have sold for 68.1% less than they did a month ago.

Summary: The median home sold price in 10973 was $156,250 in October 2024, down 68.1% from last month, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $490K$156.2K
-68.1%
4 --
N/A
5+ --
N/A

Summary: 10973 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 68.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

10958
+13.7%
10973
-68.1%

Housing Supply in 10973, NY

How many homes are available in 10973, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
811+37.5%

Summary: The 10973 real estate market had 11 homes for sale in October 2024, a 37.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 25
+150.0%
5+ 00
0.0%

Summary: The 10973 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 10973, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 10973 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 10973, NY

How long does it take to sell a home in 10973, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
32 Days71 Days+121.9%

Summary: Homes in 10973 had an average of 71 days on market in Oct 2024, up by 121.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10973 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 10973; 50% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in 10973, NY

Nearby Markets to 10973, NY