$10,000 Closing Credit*
$1,098,000
1,960 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Maureen Folan R E Group LLC
Is 11358, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 11358 has remained a Buyer's Market.
Key Takeaway
11358 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11358, NY
How much do homes in 11358, NY cost?
Median Sold Price
$990,000
$618/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-0.5%)
Key Takeaway
Homes in 11358 have sold for 0.5% less than they did a year ago.
Summary: The median home sold price in 11358 was $990,000 in November 2024, down 0.5% from last year, and the median price per square foot was $618.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $250K | -15.3% |
| 2 Bedrooms | $545K | $491.5K | -9.8% |
| 3 Bedrooms | $960K | $977.5K | +1.8% |
| 4 Bedrooms | $1.1M | $1.0M | -7.0% |
| 5+ Bedrooms | $1.3M | $1.5M | +11.9% |
Summary: 11358 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.3%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 11.9%.
Housing Supply in 11358, NY
How many homes are available in 11358, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 168 | 177 | +5.4% |
Summary: The 11358 real estate market had 177 homes for sale in November 2024, a 5.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 29 | 30 | +3.4% |
| 2 Bedrooms | 30 | 34 | +13.3% |
| 3 Bedrooms | 37 | 38 | +2.7% |
| 4 Bedrooms | 35 | 38 | +8.6% |
| 5+ Bedrooms | 37 | 37 | 0.0% |
Summary: The 11358 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 22 | +37.5% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11358, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 11358 in November 2024, up by 37.5% month-over-month. Of the 22 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for 11358, NY
How long does it take to sell a home in 11358, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 68 Days | 58 Days | -14.6% |
Summary: Homes in 11358 had an average of 58 days on market in Nov 2024, down by 14.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 11358 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 22 homes were sold in 11358; 59% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.