Is 11569, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11569 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 11569 has remained a Neutral Market.

Key Takeaway

11569 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 11569, NY

How much do homes in 11569, NY cost?

Median Sold Price

$1,798,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

+$923,000(+105.5%)

Key Takeaway

Homes in 11569 have sold for 105.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $875K-
N/A
4 -$1.7M
N/A
5+ --
N/A

Summary: 11569 housing prices by bedroom type for December 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 11569, NY

How many homes are available in 11569, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
770.0%

Summary: The 11569 real estate market had 7 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 10
-100.0%
4 44
0.0%
5+ 00
0.0%

Summary: The 11569 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11569, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 11569 in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 11569, NY

How long does it take to sell a home in 11569, NY?

Average Sale Time

Nov 2024Dec 2024CHANGE
66 Days38 Days-42.4%

Summary: Homes in 11569 had an average of 38 days on market in Dec 2024, down by 42.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 11569 has remained consistent over time.

Summary: During December 2024, 1 homes were sold in 11569; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 7 Days Ago

Newest Listings in 11569, NY

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