$10,000 Closing Credit*
$1,499,000
1,920 SqFt
1 Full Bath
#488335, Listing Office: Robert Defalco Realty
Is 11223, 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, 11223 has remained a Buyer's Market.
Key Takeaway
11223 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11223, NY
How much do homes in 11223, NY cost?
Median Sold Price
$914,500
$604/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$180,500(-16.5%)
Key Takeaway
Homes in 11223 have sold for 16.5% less than they did a month ago.
Summary: The median home sold price in 11223 was $914,500 in December 2024, down 16.5% from last month, and the median price per square foot was $604.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $535K | $232.5K | -56.5% |
| 2 Bedrooms | $355K | $482.5K | +35.9% |
| 3 Bedrooms | $1.1M | - | N/A |
| 4 Bedrooms | $1.0M | $1.0M | -0.3% |
| 5+ Bedrooms | $1.3M | $1.6M | +23.4% |
Summary: 11223 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 56.5%, 2 bedroom homes increased by 35.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 23.4%.
Median Sold Price Compared To Nearby Zip Codes
| 11235 | $600K | $650K | +8.3% |
| 11223 | $1.0M | $914.5K | -16.5% |
Housing Supply in 11223, NY
How many homes are available in 11223, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 103 | 107 | +3.9% |
Summary: The 11223 real estate market had 107 homes for sale in December 2024, a 3.9% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 12 | -7.7% |
| 2 Bedrooms | 26 | 25 | -3.8% |
| 3 Bedrooms | 21 | 25 | +19.0% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 32 | 31 | -3.1% |
Summary: The 11223 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 3.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11223, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 11223 in December 2024, up by 33.3% month-over-month. Of the 12 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.
Days on Market for 11223, NY
How long does it take to sell a home in 11223, NY?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 202 Days | 89 Days | -55.9% |
Summary: Homes in 11223 had an average of 89 days on market in Dec 2024, down by 55.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11223 has remained consistent over time.
Summary: During December 2024, 12 homes were sold in 11223; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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