$2,197 Closing Credit*
$185,000
700 SqFt
Studio
•1 Full Bath
Listing Office: Keller Williams Village Sq Rlt
Is 11372, 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, 11372 has remained a Buyer's Market.
Key Takeaway
11372 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11372, NY
How much do homes in 11372, NY cost?
Median Sold Price
$430,000
$490/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+7.5%)
Key Takeaway
Homes in 11372 have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in 11372 was $430,000 in November 2024, up 7.5% from last year, and the median price per square foot was $490.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $318K | $330K | +3.8% |
| 2 Bedrooms | $445K | $500K | +12.4% |
| 3 Bedrooms | $880K | $844.5K | -4.0% |
| 4 Bedrooms | $1.2M | $1.3M | +1.0% |
| 5+ Bedrooms | $1.4M | $1.4M | -2.2% |
Summary: 11372 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 12.4%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 2.2%.
Housing Supply in 11372, NY
How many homes are available in 11372, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 270 | 272 | +0.7% |
Summary: The 11372 real estate market had 272 homes for sale in November 2024, a 0.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 145 | 145 | 0.0% |
| 2 Bedrooms | 79 | 82 | +3.8% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The 11372 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.8%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 23 | +9.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11372, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 11372 in November 2024, up by 9.5% month-over-month. Of the 23 sold homes, 61% were sold under asking, 39% were sold at asking, and 0% were sold over asking.
Days on Market for 11372, NY
How long does it take to sell a home in 11372, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 124 Days | 83 Days | -33.2% |
Summary: Homes in 11372 had an average of 83 days on market in Nov 2024, down by 33.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11372 has remained consistent over time.
Summary: During November 2024, 23 homes were sold in 11372; 22% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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