$9,797 Closing Credit*
$825,000
3 Beds
Listing Office: RustyCap O Inc
Is 11422, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 11422 was a Seller's Market.
Key Takeaway
11422 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11422, NY
How much do homes in 11422, NY cost?
Median Sold Price
$677,500
$510/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,500(+1.9%)
Key Takeaway
Homes in 11422 have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in 11422 was $677,500 in November 2024, up 1.9% from last year, and the median price per square foot was $510.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $204K | +10.3% |
| 2 Bedrooms | $266K | $285K | +7.1% |
| 3 Bedrooms | $650K | $660K | +1.5% |
| 4 Bedrooms | $655K | $708K | +8.1% |
| 5+ Bedrooms | $944.3K | $990K | +4.8% |
Summary: 11422 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 4.8%.
Housing Supply in 11422, NY
How many homes are available in 11422, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 84 | 88 | +4.8% |
Summary: The 11422 real estate market had 88 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 | 3 | 3 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 18 | 22 | +22.2% |
| 4 Bedrooms | 24 | 20 | -16.7% |
| 5+ Bedrooms | 33 | 36 | +9.1% |
Summary: The 11422 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 16.7%, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11422, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 11422 in November 2024, down by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 11422, NY
How long does it take to sell a home in 11422, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 29 Days | -42.1% |
Summary: Homes in 11422 had an average of 29 days on market in Nov 2024, down by 42.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11422 has remained consistent over time.
Summary: During November 2024, 6 homes were sold in 11422; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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. 
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. 
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