$10,000 Closing Credit*
$1,150,000
15 Beds
•9 Full Baths
Listing Office: BLT Minimax Realty Inc
Is 11385, 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, 11385 has remained a Buyer's Market.
Key Takeaway
11385 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11385, NY
How much do homes in 11385, NY cost?
Median Sold Price
$936,000
$507/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$63,500(+7.3%)
Key Takeaway
Homes in 11385 have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in 11385 was $936,000 in November 2024, up 7.3% from last year, and the median price per square foot was $507.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $520K | $560K | +7.7% |
| 2 Bedrooms | $625K | $676K | +8.2% |
| 3 Bedrooms | $800K | $825K | +3.1% |
| 4 Bedrooms | $900K | $975K | +8.3% |
| 5+ Bedrooms | $1.1M | $1.1M | -0.9% |
Summary: 11385 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 0.9%.
Housing Supply in 11385, NY
How many homes are available in 11385, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 156 | 142 | -9.0% |
Summary: The 11385 real estate market had 142 homes for sale in November 2024, a 9.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 21 | 23 | +9.5% |
| 3 Bedrooms | 38 | 32 | -15.8% |
| 4 Bedrooms | 28 | 21 | -25.0% |
| 5+ Bedrooms | 67 | 65 | -3.0% |
Summary: The 11385 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 12 | -57.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11385, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 11385 in November 2024, down by 57.1% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.
Days on Market for 11385, NY
How long does it take to sell a home in 11385, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 98 Days | 77 Days | -21.2% |
Summary: Homes in 11385 had an average of 77 days on market in Nov 2024, down by 21.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11385 has remained consistent over time.
Summary: During November 2024, 12 homes were sold in 11385; 25% of homes were sold within 30 days, 33% 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.
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