Is 11010, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11010 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 11010 has remained a Seller's Market.

Key Takeaway

11010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 11010, NY

How much do homes in 11010, NY cost?

Median Sold Price

$773,500

$468/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$103,500(+15.4%)

Key Takeaway

Homes in 11010 have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in 11010 was $773,500 in October 2024, up 15.4% from last year, and the median price per square foot was $468.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $537.5K$580K
+7.9%
3 $644.5K$750K
+16.4%
4 $695K$762.5K
+9.7%
5+ $860K$885K
+2.9%

Summary: 11010 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 increased by 7.9%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Zip Codes

11010
+15.4%
11552
+11.0%
11003
+8.9%
11580
+7.9%
11565
+6.9%

Housing Supply in 11010, NY

How many homes are available in 11010, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7368-6.8%

Summary: The 11010 real estate market had 68 homes for sale in October 2024, a 6.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 2825
-10.7%
4 2324
+4.3%
5+ 2119
-9.5%

Summary: The 11010 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 decreased by 100%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 9.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11010, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 11010 in October 2024, down by 14.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 11010, NY

How long does it take to sell a home in 11010, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
61 Days54 Days-12.3%

Summary: Homes in 11010 had an average of 54 days on market in Oct 2024, down by 12.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 11010 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 11010; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% 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 1 Day Ago

Newest Listings in 11010, NY

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