Is 11360, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11360 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 11360 has remained a Buyer's Market.

Key Takeaway

11360 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11360, NY

How much do homes in 11360, NY cost?

Median Sold Price

$580,000

$593/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+4.5%)

Key Takeaway

Homes in 11360 have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in 11360 was $580,000 in October 2024, up 4.5% from last year, and the median price per square foot was $593.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $500K$496K
-0.8%
2 $557.5K$659K
+18.2%
3 $899.5K$740K
-17.7%
4 $1.1M$1.4M
+22.6%
5+ $1.6M$1.5M
-3.9%

Summary: 11360 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 17.7%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes decreased by 3.9%.

Median Sold Price Compared To Nearby Zip Codes

11361
+4.8%
11360
+4.5%
11357
-5.3%

Housing Supply in 11360, NY

How many homes are available in 11360, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7990+13.9%

Summary: The 11360 real estate market had 90 homes for sale in October 2024, a 13.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2126
+23.8%
2 2931
+6.9%
3 1714
-17.6%
4 55
0.0%
5+ 714
+100.0%

Summary: The 11360 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.8%, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11360, you may be able to get a good deal. 90% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 11360 in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% were sold over asking.

Days on Market for 11360, NY

How long does it take to sell a home in 11360, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
107 Days103 Days-3.7%

Summary: Homes in 11360 had an average of 103 days on market in Oct 2024, down by 3.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 11360 has remained consistent over time.

Summary: During October 2024, 10 homes were sold in 11360; 10% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 11360, NY

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