$4,144 Closing Credit*
$349,000
1 Bed
•1 Full Bath
Listing Office: Welcome Home R E Sunnyside
Is 11377, 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, 11377 was a Neutral Market.
Key Takeaway
11377 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11377, NY
How much do homes in 11377, NY cost?
Median Sold Price
$609,000
$621/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$89,500(+17.2%)
Key Takeaway
Homes in 11377 have sold for 17.2% more than they did a year ago.
Summary: The median home sold price in 11377 was $609,000 in October 2024, up 17.2% from last year, and the median price per square foot was $621.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $342.5K | $352.5K | +2.9% |
| 2 Bedrooms | $527K | $550K | +4.4% |
| 3 Bedrooms | $892.5K | $927.5K | +3.9% |
| 4 Bedrooms | $995K | $982.5K | -1.3% |
| 5+ Bedrooms | $1.3M | $1.4M | +3.9% |
Summary: 11377 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Zip Codes
| 11377 | $519.5K | $609K | +17.2% |
| 11372 | $399K | $430K | +7.8% |
Housing Supply in 11377, NY
How many homes are available in 11377, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 239 | 252 | +5.4% |
Summary: The 11377 real estate market had 252 homes for sale in October 2024, a 5.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 90 | 93 | +3.3% |
| 2 Bedrooms | 47 | 51 | +8.5% |
| 3 Bedrooms | 36 | 37 | +2.8% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 53 | 56 | +5.7% |
Summary: The 11377 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 5.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11377, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 11377 in October 2024, up by 17.6% month-over-month. Of the 20 sold homes, 70% were sold under asking, 15% were sold at asking, and 15% were sold over asking.
Days on Market for 11377, NY
How long does it take to sell a home in 11377, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 79 Days | 77 Days | -3.3% |
Summary: Homes in 11377 had an average of 77 days on market in Oct 2024, down by 3.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11377 has remained consistent over time.
Summary: During October 2024, 20 homes were sold in 11377; 25% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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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.