Is 11215, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11215 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 11215 has remained a Buyer's Market.

Key Takeaway

11215 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11215, NY

How much do homes in 11215, NY cost?

Median Sold Price

$1,500,000

$1,205/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$157,990(-9.5%)

Key Takeaway

Homes in 11215 have sold for 9.5% less than they did a year ago.

Summary: The median home sold price in 11215 was $1,500,000 in October 2024, down 9.5% from last year, and the median price per square foot was $1,205.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $750K$728K
-2.9%
2 $1.3M$1.2M
-6.8%
3 $1.9M$1.8M
-6.0%
4 $3.1M$2.7M
-12.0%
5+ $3.5M$3.3M
-8.2%

Summary: 11215 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 8.2%.

Median Sold Price Compared To Nearby Zip Codes

11231
+4.9%
11218
+4.2%
11217
+2.9%
11215
-9.5%

Housing Supply in 11215, NY

How many homes are available in 11215, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
223215-3.6%

Summary: The 11215 real estate market had 215 homes for sale in October 2024, a 3.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4235
-16.7%
2 6863
-7.4%
3 5149
-3.9%
4 2525
0.0%
5+ 3743
+16.2%

Summary: The 11215 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2317-26.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11215, expect to pay close to the asking price. 88.2% of homes here sold near the asking price last month.

Summary: A total of 17 homes were sold or pending in 11215 in October 2024, down by 26.1% month-over-month. Of the 17 sold homes, 12% were sold under asking, 88% were sold at asking, and 0% were sold over asking.

Days on Market for 11215, NY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 11215, NY

Nearby Markets to 11215, NY