$10,000 Closing Credit*
$2,475,000
6,748 SqFt
5 Beds
•5 Full Baths, 2 Partial
Listing Office: Signature Premier Properties
Is 11557, 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, 11557 was a Buyer's Market.
Key Takeaway
11557 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 11557, NY
How much do homes in 11557, NY cost?
Median Sold Price
$710,000
$404/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$40,000(-5.3%)
Key Takeaway
Homes in 11557 have sold for 5.3% less than they did a year ago.
Summary: The median home sold price in 11557 was $710,000 in November 2024, down 5.3% from last year, and the median price per square foot was $404.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132.5K | $162.5K | +22.6% |
| 2 Bedrooms | $295K | $415K | +40.7% |
| 3 Bedrooms | $602.5K | $697.5K | +15.8% |
| 4 Bedrooms | $870K | $815K | -6.3% |
| 5+ Bedrooms | $1.0M | $1.6M | +52.6% |
Summary: 11557 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.6%, 2 bedroom homes increased by 40.7%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 52.6%.
Housing Supply in 11557, NY
How many homes are available in 11557, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 79 | 78 | -1.3% |
Summary: The 11557 real estate market had 78 homes for sale in November 2024, a 1.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 26 | 25 | -3.8% |
Summary: The 11557 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 decreased by 7.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 3.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11557, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 11557 in November 2024, up by 44.4% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.
Days on Market for 11557, NY
How long does it take to sell a home in 11557, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 68 Days | 78 Days | +15.6% |
Summary: Homes in 11557 had an average of 78 days on market in Nov 2024, up by 15.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 11557 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 13 homes were sold in 11557; 31% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 46% 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.