$10,000 Closing Credit*
$2,100,000
2,280 SqFt
6 Beds
•5 Full Baths
#RPLU-1032523264423, Chandra Golan, Listing Office: Serhant
Is 11221, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 11221 has remained a Buyer's Market.
Key Takeaway
11221 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11221, NY
How much do homes in 11221, NY cost?
Median Sold Price
$1,650,000
$723/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$780,000(+89.7%)
Key Takeaway
Homes in 11221 have sold for 89.7% more than they did a month ago.
Summary: The median home sold price in 11221 was $1,650,000 in November 2024, up 89.7% from last month, and the median price per square foot was $723.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $580K | $569.9K | -1.7% |
| 2 Bedrooms | $860K | $720K | -16.3% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $1.2M | N/A |
| 5+ Bedrooms | $1.0M | $2.0M | +91.8% |
Summary: 11221 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes decreased by 16.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 91.8%.
Median Sold Price Compared To Nearby Zip Codes
| 11221 | $870K | $1.6M | +89.7% |
| 11216 | $1.2M | $1.7M | +38.2% |
Housing Supply in 11221, NY
How many homes are available in 11221, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 130 | 126 | -3.1% |
Summary: The 11221 real estate market had 126 homes for sale in November 2024, a 3.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 20 | -9.1% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 72 | 69 | -4.2% |
Summary: The 11221 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 4.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11221, expect to pay close to the asking price. 77.8% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in 11221 in November 2024, down by 40.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 78% were sold at asking, and 0% were sold over asking.
Days on Market for 11221, NY
How long does it take to sell a home in 11221, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 61 Days | +16.7% |
Summary: Homes in 11221 had an average of 61 days on market in Nov 2024, up by 16.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11221 has remained consistent over time.
Summary: During November 2024, 9 homes were sold in 11221; 0% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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