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 December 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

$580,000

$515/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$41,000(+7.6%)

Key Takeaway

Homes in 11021 have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in 11021 was $580,000 in December 2024, up 7.6% from last year, and the median price per square foot was $515.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $280K$328K
+17.1%
2 $512.5K$520K
+1.5%
3 $865.5K$1.0M
+21.3%
4 $1.3M$1.5M
+13.1%
5+ $1.7M$2.2M
+25.3%

Summary: 11021 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.1%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 25.3%.

Median Sold Price Compared To Nearby Zip Codes

11030
+15.5%
11021
+7.6%
11020
+7.6%
11363
0.2%
11023
-0.1%

Housing Supply in 11021, NY

How many homes are available in 11021, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
152145-4.6%

Summary: The 11021 real estate market had 145 homes for sale in December 2024, a 4.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 4444
0.0%
2 6056
-6.7%
3 98
-11.1%
4 1413
-7.1%
5+ 2524
-4.0%

Summary: The 11021 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 decreased by 6.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 4%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2220-9.1%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 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. 80% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 11021 in December 2024, down by 9.1% month-over-month. Of the 20 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% 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

Dec 2023Dec 2024CHANGE
75 Days65 Days-13.0%

Summary: Homes in 11021 had an average of 65 days on market in Dec 2024, down by 13% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 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 December 2024, 20 homes were sold in 11021; 30% of homes were sold within 30 days, 45% 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 7 Days Ago

Newest Listings in 11021, NY

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