$5,047 Closing Credit*
$425,000
1,000 SqFt
2 Beds
•1 Full Bath
Listing Office: Douglas Elliman 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 November 2023
Since last year, 11374 has remained a Buyer's 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
$516/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,000(+11.3%)
Key Takeaway
Homes in 11374 have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in 11374 was $445,000 in November 2024, up 11.3% from last year, and the median price per square foot was $516.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $300K | 0.0% |
| 2 Bedrooms | $422K | $475K | +12.6% |
| 3 Bedrooms | $850K | $800K | -5.9% |
| 4 Bedrooms | $1.1M | $1.3M | +16.8% |
| 5+ Bedrooms | $1.3M | $1.0M | -23.1% |
Summary: 11374 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.6%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes decreased by 23.1%.
Housing Supply in 11374, NY
How many homes are available in 11374, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 231 | 242 | +4.8% |
Summary: The 11374 real estate market had 242 homes for sale in November 2024, a 4.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 105 | 109 | +3.8% |
| 2 Bedrooms | 72 | 77 | +6.9% |
| 3 Bedrooms | 41 | 42 | +2.4% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 11374 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 15 | -31.8% |
Asking Price vs. Sold Price
10 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 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 15 homes were sold or pending in 11374 in November 2024, down by 31.8% month-over-month. Of the 15 sold homes, 67% were sold under asking, 13% were sold at asking, and 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 158 Days | 104 Days | -33.7% |
Summary: Homes in 11374 had an average of 104 days on market in Nov 2024, down by 33.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11374 has remained consistent over time.
Summary: During November 2024, 15 homes were sold in 11374; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 33% 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. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.