$2,197 Closing Credit*
$185,000
Studio
•1 Full Bath
Listing Office: Signature Premier Properties
Is 11362, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 11362 was a Seller's Market.
Key Takeaway
11362 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11362, NY
How much do homes in 11362, NY cost?
Median Sold Price
$394,000
$411/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$56,000(-12.4%)
Key Takeaway
Homes in 11362 have sold for 12.4% less than they did a year ago.
Summary: The median home sold price in 11362 was $394,000 in November 2024, down 12.4% from last year, and the median price per square foot was $411.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $228.7K | $244.9K | +7.1% |
| 2 Bedrooms | $339K | $385K | +13.6% |
| 3 Bedrooms | $859.5K | $900K | +4.7% |
| 4 Bedrooms | $991.5K | $1.1M | +17.8% |
| 5+ Bedrooms | $1.3M | $1.6M | +20.8% |
Summary: 11362 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes increased by 20.8%.
Housing Supply in 11362, NY
How many homes are available in 11362, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 131 | 121 | -7.6% |
Summary: The 11362 real estate market had 121 homes for sale in November 2024, a 7.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 39 | 35 | -10.3% |
| 2 Bedrooms | 22 | 17 | -22.7% |
| 3 Bedrooms | 26 | 27 | +3.8% |
| 4 Bedrooms | 18 | 19 | +5.6% |
| 5+ Bedrooms | 26 | 23 | -11.5% |
Summary: The 11362 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10.3%, 2 bedroom homes decreased by 22.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 11.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 12 | -52.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11362, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 11362 in November 2024, down by 52.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 52 Days | -9.4% |
Summary: Homes in 11362 had an average of 52 days on market in Nov 2024, down by 9.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 11362 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in 11362; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% 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. 
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