$6,757 Closing Credit*
$569,000
849 SqFt
1 Bed
•1 Full Bath, 1 Partial
#487534, Listing Office: RE/MAX Edge
Is 11235, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 11235 has remained a Buyer's Market.
Key Takeaway
11235 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11235, NY
How much do homes in 11235, NY cost?
Median Sold Price
$520,000
$459/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$97,375(+23.0%)
Key Takeaway
Homes in 11235 have sold for 23% more than they did a year ago.
Summary: The median home sold price in 11235 was $520,000 in October 2024, up 23% from last year, and the median price per square foot was $459.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $315K | +6.8% |
| 2 Bedrooms | $372K | $420K | +12.9% |
| 3 Bedrooms | $815K | $800K | -1.8% |
| 4 Bedrooms | $995K | $960K | -3.5% |
| 5+ Bedrooms | $1.2M | $1.1M | -1.0% |
Summary: 11235 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 12.9%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 1%.
Housing Supply in 11235, NY
How many homes are available in 11235, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 320 | 327 | +2.2% |
Summary: The 11235 real estate market had 327 homes for sale in October 2024, a 2.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 95 | 94 | -1.1% |
| 2 Bedrooms | 95 | 97 | +2.1% |
| 3 Bedrooms | 71 | 72 | +1.4% |
| 4 Bedrooms | 20 | 21 | +5.0% |
| 5+ Bedrooms | 39 | 43 | +10.3% |
Summary: The 11235 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 1.1%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 23 | -20.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11235, you may be able to get a good deal. 78.3% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 11235 in October 2024, down by 20.7% month-over-month. Of the 23 sold homes, 78% were sold under asking, 17% were sold at asking, and 4% were sold over asking.
Days on Market for 11235, NY
How long does it take to sell a home in 11235, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 145 Days | 95 Days | -34.5% |
Summary: Homes in 11235 had an average of 95 days on market in Oct 2024, down by 34.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11235 has remained consistent over time.
Summary: During October 2024, 23 homes were sold in 11235; 9% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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