$8,313 Closing Credit*
$700,000
1,992 SqFt
4 Beds
•2 Full Baths
Listing Office: Howard Hanna Rand Realty
Is 10994, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 10994 was a Seller's Market.
Key Takeaway
10994 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 10994, NY
How much do homes in 10994, NY cost?
Median Sold Price
$740,000
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$88,000(+13.5%)
Key Takeaway
Homes in 10994 have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in 10994 was $740,000 in October 2024, up 13.5% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $262.5K | $280K | +6.7% |
| 2 Bedrooms | $375K | $548K | +46.1% |
| 3 Bedrooms | $577.5K | $655K | +13.4% |
| 4 Bedrooms | $664K | $740K | +11.4% |
| 5+ Bedrooms | $750K | $999.9K | +33.3% |
Summary: 10994 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 46.1%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 33.3%.
Housing Supply in 10994, NY
How many homes are available in 10994, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 26 | -3.7% |
Summary: The 10994 real estate market had 26 homes for sale in October 2024, a 3.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 10994 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 remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 10994, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 10994 in October 2024, down by 75.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 10994, NY
How long does it take to sell a home in 10994, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 44 Days | +16.8% |
Summary: Homes in 10994 had an average of 44 days on market in Oct 2024, up by 16.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 10994 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 10994; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.