Is 11222, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11222 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 11222 has remained a Buyer's Market.

Key Takeaway

11222 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11222, NY

How much do homes in 11222, NY cost?

Median Sold Price

$1,590,000

$1,402/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$340,000(+27.2%)

Key Takeaway

Homes in 11222 have sold for 27.2% more than they did a year ago.

Summary: The median home sold price in 11222 was $1,590,000 in October 2024, up 27.2% from last year, and the median price per square foot was $1,402.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $812K$968K
+19.2%
2 $1.4M$1.4M
-0.9%
3 $2.2M$2.3M
+5.1%
4 $1.8M$2.0M
+10.9%
5+ $2.2M$2.2M
-0.6%

Summary: 11222 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.2%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Zip Codes

11222
+27.2%
11249
+4.6%
11211
+3.6%

Housing Supply in 11222, NY

How many homes are available in 11222, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9293+1.1%

Summary: The 11222 real estate market had 93 homes for sale in October 2024, a 1.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2926
-10.3%
2 1519
+26.7%
3 2120
-4.8%
4 34
+33.3%
5+ 2424
0.0%

Summary: The 11222 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10.3%, 2 bedroom homes increased by 26.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11222, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in 11222 in October 2024, down by 35.7% month-over-month. Of the 9 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 11222, 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 16 Days Ago

Newest Listings in 11222, NY

Nearby Markets to 11222, NY