Is 10990, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10990 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 10990 was a Seller's Market.

Key Takeaway

10990 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10990, NY

How much do homes in 10990, NY cost?

Median Sold Price

$524,000

$282/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,000(-0.2%)

Key Takeaway

The sold price of homes in 10990 has remained the same since last year.

Summary: The median home sold price in 10990 was $524,000 in November 2024, down 0.2% from last year, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $250K$285.9K
+14.4%
2 $322K$370K
+14.9%
3 $460K$500K
+8.7%
4 $691K$702K
+1.6%
5+ $706K$620K
-12.2%

Summary: 10990 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 12.2%.

Median Sold Price Compared To Nearby Zip Codes

10924
+17.3%
10921
+5.9%
10925
+2.9%
10990
-0.2%

Housing Supply in 10990, NY

How many homes are available in 10990, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8760-31.0%

Summary: The 10990 real estate market had 60 homes for sale in November 2024, a 31.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 137
-46.2%
3 3526
-25.7%
4 3018
-40.0%
5+ 88
0.0%

Summary: The 10990 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 decreased by 46.2%, 3 bedroom homes decreased by 25.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
257-72.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10990, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 10990 in November 2024, down by 72.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.

Days on Market for 10990, NY

How long does it take to sell a home in 10990, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
53 Days43 Days-18.6%

Summary: Homes in 10990 had an average of 43 days on market in Nov 2024, down by 18.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 10990 has remained consistent over time.

Summary: During November 2024, 7 homes were sold in 10990; 29% of homes were sold within 30 days, 57% 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 10990, NY

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