$7,363 Closing Credit*
$620,000
1,370 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Christie's Int. Real Estate
Is 11374, 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, 11374 was a Neutral Market.
Key Takeaway
11374 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11374, NY
How much do homes in 11374, NY cost?
Median Sold Price
$445,000
$511/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,500(+9.2%)
Key Takeaway
Homes in 11374 have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in 11374 was $445,000 in October 2024, up 9.2% from last year, and the median price per square foot was $511.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $300K | 0.0% |
| 2 Bedrooms | $435K | $475K | +9.2% |
| 3 Bedrooms | $830K | $820K | -1.2% |
| 4 Bedrooms | $1.2M | $1.1M | -3.5% |
| 5+ Bedrooms | $1.2M | $1.0M | -13.5% |
Summary: 11374 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.2%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 13.5%.
Housing Supply in 11374, NY
How many homes are available in 11374, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 240 | 254 | +5.8% |
Summary: The 11374 real estate market had 254 homes for sale in October 2024, a 5.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 114 | 116 | +1.8% |
| 2 Bedrooms | 74 | 80 | +8.1% |
| 3 Bedrooms | 38 | 43 | +13.2% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 11374 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 13.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 21 | +40.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11374, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 11374 in October 2024, up by 40.0% month-over-month. Of the 21 sold homes, 67% were sold under asking, 10% were sold at asking, and 24% were sold over asking.
Days on Market for 11374, NY
How long does it take to sell a home in 11374, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 139 Days | 171 Days | +22.7% |
Summary: Homes in 11374 had an average of 171 days on market in Oct 2024, up by 22.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 11374 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 21 homes were sold in 11374; 5% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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