$10,000 Closing Credit*
$899,888
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Keller Williams Rlty Landmark
Is 11355, 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, 11355 has remained a Buyer's Market.
Key Takeaway
11355 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11355, NY
How much do homes in 11355, NY cost?
Median Sold Price
$630,000
$707/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$41,666(+7.1%)
Key Takeaway
Homes in 11355 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 11355 was $630,000 in October 2024, up 7.1% from last year, and the median price per square foot was $707.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $386K | +7.2% |
| 2 Bedrooms | $579K | $639.9K | +10.5% |
| 3 Bedrooms | $990K | $960K | -3.0% |
| 4 Bedrooms | $1.0M | $1.1M | +4.3% |
| 5+ Bedrooms | $1.5M | $1.4M | -2.3% |
Summary: 11355 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 2.3%.
Housing Supply in 11355, NY
How many homes are available in 11355, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 293 | 327 | +11.6% |
Summary: The 11355 real estate market had 327 homes for sale in October 2024, a 11.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 79 | 90 | +13.9% |
| 2 Bedrooms | 124 | 136 | +9.7% |
| 3 Bedrooms | 34 | 38 | +11.8% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 43 | 48 | +11.6% |
Summary: The 11355 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.9%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 11.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11355, you may be able to get a good deal. 93.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 11355 in October 2024, down by 21.1% month-over-month. Of the 15 sold homes, 93% were sold under asking, 0% were sold at asking, and 7% were sold over asking.
Days on Market for 11355, NY
How long does it take to sell a home in 11355, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 73 Days | 94 Days | +29.4% |
Summary: Homes in 11355 had an average of 94 days on market in Oct 2024, up by 29.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11355 has remained consistent over time.
Summary: During October 2024, 15 homes were sold in 11355; 13% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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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.