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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10993 is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 10993 was a Buyer's Market.

Key Takeaway

10993 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10993, NY

How much do homes in 10993, NY cost?

Median Sold Price

$415,000

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$55,000(+15.3%)

Key Takeaway

Homes in 10993 have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in 10993 was $415,000 in December 2024, up 15.3% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $324K$352.5K
+8.8%
3 $358K$408.5K
+14.1%
4 $410K$422.5K
+3.0%
5+ $577.5K$575K
-0.4%

Summary: 10993 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 0.4%.

Median Sold Price Compared To Nearby Zip Codes

10923
+16.7%
10993
+15.3%
10980
+10.2%
10927
+6.6%

Housing Supply in 10993, NY

How many homes are available in 10993, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1611-31.3%

Summary: The 10993 real estate market had 11 homes for sale in December 2024, a 31.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 129
-25.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The 10993 housing inventory by bedroom type for December 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 25%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10993, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 10993 in December 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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

Dec 2023Dec 2024CHANGE
23 Days45 Days+97.4%

Summary: Homes in 10993 had an average of 45 days on market in Dec 2024, up by 97.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 10993 has remained consistent over time.

Summary: During December 2024, 5 homes were sold in 10993; 40% of homes were sold within 30 days, 60% 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 8 Days Ago

Newest Listings in 10993, NY

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