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 23 Days Ago

Newest Listings in 11030, NY

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