$10,000 Closing Credit*
$1,650,000
Listing Office: Home Possible Realty Inc
Is 11432, 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, 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
$864,888
$525/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$24,112(-2.7%)
Key Takeaway
Homes in 11432 have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in 11432 was $864,888 in November 2024, down 2.7% from last year, and the median price per square foot was $525.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $217.5K | +14.5% |
| 2 Bedrooms | $410K | $328.7K | -19.8% |
| 3 Bedrooms | $912.5K | $900K | -1.4% |
| 4 Bedrooms | $998K | $1.0M | +7.7% |
| 5+ Bedrooms | $1.1M | $1.3M | +15.7% |
Summary: 11432 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.5%, 2 bedroom homes decreased by 19.8%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 15.7%.
Housing Supply in 11432, NY
How many homes are available in 11432, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 | 89 | +1.1% |
Summary: The 11432 real estate market had 89 homes for sale in November 2024, a 1.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 20 | -9.1% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 27 | 25 | -7.4% |
Summary: The 11432 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 7.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
6 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. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 11432 in November 2024, down by 46.2% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 78 Days | +90.9% |
Summary: Homes in 11432 had an average of 78 days on market in Nov 2024, up by 90.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 11432 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 7 homes were sold in 11432; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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. 
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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.