Is 11030, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11030 is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, 11030 has remained a Neutral Market.

Key Takeaway

11030 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 11030, NY

How much do homes in 11030, NY cost?

Median Sold Price

$2,066,500

$686/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$355,000(+20.7%)

Key Takeaway

Homes in 11030 have sold for 20.7% more than they did a year ago.

Summary: The median home sold price in 11030 was $2,066,500 in October 2024, up 20.7% from last year, and the median price per square foot was $686.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $287.5K$797.5K
+177.4%
2 $1.4M$1.5M
+2.6%
3 $1.4M$1.7M
+17.6%
4 $1.8M$2.0M
+8.5%
5+ $2.4M$3.2M
+33.5%

Summary: 11030 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 177.4%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 33.5%.

Median Sold Price Compared To Nearby Zip Codes

11030
+20.7%
11050
+13.2%
11576
+10.9%
11020
+5.6%
11021
-2.0%

Housing Supply in 11030, NY

How many homes are available in 11030, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8982-7.9%

Summary: The 11030 real estate market had 82 homes for sale in October 2024, a 7.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 2925
-13.8%
4 1918
-5.3%
5+ 3532
-8.6%

Summary: The 11030 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 increased by 20%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 8.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2013-35.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11030, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 11030 in October 2024, down by 35.0% month-over-month. Of the 13 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.

Days on Market for 11030, NY

How long does it take to sell a home in 11030, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
101 Days32 Days-67.9%

Summary: Homes in 11030 had an average of 32 days on market in Oct 2024, down by 67.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 11030 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 13 homes were sold in 11030; 62% of homes were sold within 30 days, 38% 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 4 Days Ago

Newest Listings in 11030, NY

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