Is 10984, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10984 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 10984 was a Buyer's Market.

Key Takeaway

10984 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10984, NY

How much do homes in 10984, NY cost?

Median Sold Price

$645,000

$326/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,000(+3.0%)

Key Takeaway

Homes in 10984 have sold for 3% more than they did a year ago.

Summary: The median home sold price in 10984 was $645,000 in October 2024, up 3% from last year, and the median price per square foot was $326.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $195K$210K
+7.7%
2 $240K$296K
+23.3%
3 $547K$625K
+14.3%
4 $626K$717K
+14.5%
5+ $712.1K$727.5K
+2.2%

Summary: 10984 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 23.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Zip Codes

10923
+11.2%
10980
+10.7%
10984
+3.0%
10970
-3.8%

Housing Supply in 10984, NY

How many homes are available in 10984, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1914-26.3%

Summary: The 10984 real estate market had 14 homes for sale in October 2024, a 26.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 42
-50.0%
3 11
0.0%
4 97
-22.2%
5+ 44
0.0%

Summary: The 10984 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10984, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 10984 in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 10984, NY

How long does it take to sell a home in 10984, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days29 Days-1.7%

Summary: Homes in 10984 had an average of 29 days on market in Oct 2024, down by 1.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10984 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 10984; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in 10984, NY

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