$10,000 Closing Credit*
$1,395,000
1,632 SqFt
3 Beds
•1 Full Bath, 1 Partial
#487215, Listing Office: Bellmarc
Is 11432, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 11432 has remained a Buyer's Market.
Key Takeaway
11432 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11432, NY
How much do homes in 11432, NY cost?
Median Sold Price
$945,000
$503/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$56,000(+6.3%)
Key Takeaway
Homes in 11432 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 11432 was $945,000 in October 2024, up 6.3% from last year, and the median price per square foot was $503.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $194.5K | $212K | +9.0% |
| 2 Bedrooms | $510K | $340K | -33.3% |
| 3 Bedrooms | $940K | $960K | +2.1% |
| 4 Bedrooms | $998K | $1.2M | +20.2% |
| 5+ Bedrooms | $1.1M | $1.3M | +21.3% |
Summary: 11432 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes increased by 21.3%.
Housing Supply in 11432, NY
How many homes are available in 11432, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 97 | 93 | -4.1% |
Summary: The 11432 real estate market had 93 homes for sale in October 2024, a 4.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 22 | +4.8% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 29 | 29 | 0.0% |
Summary: The 11432 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11432, you may be able to get a good deal. 91.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 11432 in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 92% were sold under asking, 0% were sold at asking, and 8% were sold over asking.
Days on Market for 11432, NY
How long does it take to sell a home in 11432, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 77 Days | +15.8% |
Summary: Homes in 11432 had an average of 77 days on market in Oct 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11432 has remained consistent over time.
Summary: During October 2024, 12 homes were sold in 11432; 25% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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