Is 10993, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10993 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 10993 has remained a Buyer's Market.

Key Takeaway

10993 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10993, NY

How much do homes in 10993, NY cost?

Median Sold Price

$397,500

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+6.7%)

Key Takeaway

Homes in 10993 have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in 10993 was $397,500 in October 2024, up 6.7% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $348K$340.7K
-2.1%
3 $358K$395K
+10.3%
4 $420K$430K
+2.4%
5+ $550K$575K
+4.5%

Summary: 10993 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Zip Codes

10927
+20.0%
10923
+11.2%
10980
+10.7%
10993
+6.7%

Housing Supply in 10993, NY

How many homes are available in 10993, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2017-15.0%

Summary: The 10993 real estate market had 17 homes for sale in October 2024, a 15.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1512
-20.0%
4 44
0.0%
5+ 00
0.0%

Summary: The 10993 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 decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10993, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 10993 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 10993, NY

How long does it take to sell a home in 10993, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
4 Days13 Days+225.0%

Summary: Homes in 10993 had an average of 13 days on market in Oct 2024, up by 225% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10993 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 10993; 100% of homes were sold within 30 days, 0% 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 10993, NY

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