Is 11433, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11433 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 11433 has remained a Buyer's Market.

Key Takeaway

11433 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11433, NY

How much do homes in 11433, NY cost?

Median Sold Price

$770,000

$477/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$80,000(-9.4%)

Key Takeaway

Homes in 11433 have sold for 9.4% less than they did a month ago.

Summary: The median home sold price in 11433 was $770,000 in November 2024, down 9.4% from last month, and the median price per square foot was $477.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $635K$770K
+21.3%
4 $995K-
N/A
5+ $850K-
N/A

Summary: 11433 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 21.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 11433, NY

How many homes are available in 11433, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4344+2.3%

Summary: The 11433 real estate market had 44 homes for sale in November 2024, a 2.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 55
0.0%
3 1513
-13.3%
4 78
+14.3%
5+ 1415
+7.1%

Summary: The 11433 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11433, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 11433 in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 11433, NY

How long does it take to sell a home in 11433, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
91 Days96 Days+5.3%

Summary: Homes in 11433 had an average of 96 days on market in Nov 2024, up by 5.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 11433 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 11433; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 11433, NY

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