Is 11021, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11021 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 11021 was a Seller's Market.

Key Takeaway

11021 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11021, NY

How much do homes in 11021, NY cost?

Median Sold Price

$548,000

$501/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 11021 has remained the same since last year.

Summary: The median home sold price in 11021 was $548,000 in November 2024, the same as last year, and the median price per square foot was $501.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $284K$316K
+11.3%
2 $521.5K$504K
-3.4%
3 $865.5K$1.0M
+21.3%
4 $1.3M$1.6M
+18.5%
5+ $1.7M$2.1M
+22.9%

Summary: 11021 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.3%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 22.9%.

Median Sold Price Compared To Nearby Zip Codes

11030
+21.4%
11020
+9.8%
11363
+2.3%
11021
0.0%

Housing Supply in 11021, NY

How many homes are available in 11021, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1591590.0%

Summary: The 11021 real estate market had 159 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4848
0.0%
2 6362
-1.6%
3 99
0.0%
4 1415
+7.1%
5+ 2525
0.0%

Summary: The 11021 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 1.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2221-4.5%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11021, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 11021 in November 2024, down by 4.5% month-over-month. Of the 21 sold homes, 67% were sold under asking, 14% were sold at asking, and 19% were sold over asking.

Days on Market for 11021, NY

How long does it take to sell a home in 11021, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
79 Days96 Days+20.7%

Summary: Homes in 11021 had an average of 96 days on market in Nov 2024, up by 20.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 11021 has remained consistent over time.

Summary: During November 2024, 21 homes were sold in 11021; 19% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 33% 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 2 Days Ago

Newest Listings in 11021, NY

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