Is 11436, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11436 is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, 11436 has remained a Buyer's Market.

Key Takeaway

11436 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11436, NY

How much do homes in 11436, NY cost?

Median Sold Price

$682,500

$486/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$32,500(+5.0%)

Key Takeaway

Homes in 11436 have sold for 5% more than they did a year ago.

Summary: The median home sold price in 11436 was $682,500 in December 2024, up 5% from last year, and the median price per square foot was $486.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$193K
N/A
2 $515K$549K
+6.6%
3 $614K$660K
+7.5%
4 $715K$727.5K
+1.7%
5+ $967.5K$940K
-2.8%

Summary: 11436 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Zip Codes

11435
+11.1%
11436
+5.0%
11434
+4.6%

Housing Supply in 11436, NY

How many homes are available in 11436, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
108107-0.9%

Summary: The 11436 real estate market had 107 homes for sale in December 2024, a 0.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 2728
+3.7%
3 4237
-11.9%
4 1513
-13.3%
5+ 2329
+26.1%

Summary: The 11436 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 26.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
10100.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11436, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 11436 in December 2024, the same as the previous month. Of the 10 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 11436, NY

How long does it take to sell a home in 11436, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
84 Days89 Days+6.3%

Summary: Homes in 11436 had an average of 89 days on market in Dec 2024, up by 6.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 11436 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 10 homes were sold in 11436; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 40% 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 2 Days Ago

Newest Listings in 11436, NY

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