Is 11249, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11249 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 11249 was a Neutral Market.

Key Takeaway

11249 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11249, NY

How much do homes in 11249, NY cost?

Median Sold Price

$1,595,000

$1,530/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$65,000(+4.2%)

Key Takeaway

Homes in 11249 have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in 11249 was $1,595,000 in November 2024, up 4.2% from last year, and the median price per square foot was $1,530.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $1.0M$1.0M
+1.0%
2 $1.5M$1.7M
+12.5%
3 $2.1M$2.5M
+18.3%
4 $3.0M$2.9M
-4.2%
5+ $4.4M$2.4M
-46.1%

Summary: 11249 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 18.3%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 46.1%.

Housing Supply in 11249, NY

How many homes are available in 11249, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6762-7.5%

Summary: The 11249 real estate market had 62 homes for sale in November 2024, a 7.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1716
-5.9%
2 3128
-9.7%
3 1312
-7.7%
4 44
0.0%
5+ 22
0.0%

Summary: The 11249 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11249, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 11249 in November 2024, the same as the previous month. Of the 6 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 11249, 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 11249, NY

Nearby Markets to 11249, NY