$4,964 Closing Credit*
$418,000
1,051 SqFt
3 Beds
•1 Full Bath
Listing Office: Douglas Elliman Real Estate
Is 11362, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 11362 was a Neutral Market.
Key Takeaway
11362 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 11362, NY
How much do homes in 11362, NY cost?
Median Sold Price
$400,000
$409/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in 11362 has remained the same since last year.
Summary: The median home sold price in 11362 was $400,000 in October 2024, the same as last year, and the median price per square foot was $409.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $240K | +2.1% |
| 2 Bedrooms | $338.5K | $377.5K | +11.5% |
| 3 Bedrooms | $844.5K | $895K | +6.0% |
| 4 Bedrooms | $960K | $1.1M | +22.4% |
| 5+ Bedrooms | $1.3M | $1.6M | +20.5% |
Summary: 11362 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 20.5%.
Housing Supply in 11362, NY
How many homes are available in 11362, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 132 | 137 | +3.8% |
Summary: The 11362 real estate market had 137 homes for sale in October 2024, a 3.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 39 | 42 | +7.7% |
| 2 Bedrooms | 27 | 22 | -18.5% |
| 3 Bedrooms | 24 | 27 | +12.5% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 20 | 26 | +30.0% |
Summary: The 11362 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 18.5%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 23 | +35.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11362, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 11362 in October 2024, up by 35.3% month-over-month. Of the 23 sold homes, 65% were sold under asking, 13% were sold at asking, and 22% were sold over asking.
Days on Market for 11362, NY
How long does it take to sell a home in 11362, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 102 Days | 69 Days | -32.3% |
Summary: Homes in 11362 had an average of 69 days on market in Oct 2024, down by 32.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11362 has remained consistent over time.
Summary: During October 2024, 23 homes were sold in 11362; 30% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 30% 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. 
©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.