$10,000 Closing Credit*
$1,435,000
4 Beds
•3 Full Baths
Listing Office: Realty Connect USA LLC
Is 11559, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 11559 was a Seller's Market.
Key Takeaway
11559 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11559, NY
How much do homes in 11559, NY cost?
Median Sold Price
$804,500
$437/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$236,250(+41.6%)
Key Takeaway
Homes in 11559 have sold for 41.6% more than they did a year ago.
Summary: The median home sold price in 11559 was $804,500 in October 2024, up 41.6% from last year, and the median price per square foot was $437.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $325K | +62.5% |
| 2 Bedrooms | $405K | $353.5K | -12.7% |
| 3 Bedrooms | $615K | $810K | +31.7% |
| 4 Bedrooms | $1.7M | $835K | -53.2% |
| 5+ Bedrooms | $1.9M | $2.5M | +29.4% |
Summary: 11559 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62.5%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 31.7%, 4 bedroom homes decreased by 53.2%, and 5+ bedroom homes increased by 29.4%.
Housing Supply in 11559, NY
How many homes are available in 11559, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 38 | -2.6% |
Summary: The 11559 real estate market had 38 homes for sale in October 2024, a 2.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The 11559 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11559, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 11559 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 11559, NY
How long does it take to sell a home in 11559, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 87 Days | 148 Days | +69.9% |
Summary: Homes in 11559 had an average of 148 days on market in Oct 2024, up by 69.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 11559 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in 11559; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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.