Is 11570, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11570 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 11570 has remained a Seller's Market.

Key Takeaway

11570 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 11570, NY

How much do homes in 11570, NY cost?

Median Sold Price

$775,316

$442/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$316(0.0%)

Key Takeaway

The sold price of homes in 11570 has remained the same since last year.

Summary: The median home sold price in 11570 was $775,316 in October 2024, the same as last year, and the median price per square foot was $442.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $299K$310K
+3.7%
2 $375K$432.5K
+15.3%
3 $773K$805K
+4.1%
4 $929.5K$999K
+7.5%
5+ $1.0M$1.2M
+14.8%

Summary: 11570 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 14.8%.

Median Sold Price Compared To Nearby Zip Codes

11552
+11.0%
11563
+9.6%
11572
+9.0%
11510
+7.9%
11570
0.0%

Housing Supply in 11570, NY

How many homes are available in 11570, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
115119+3.5%

Summary: The 11570 real estate market had 119 homes for sale in October 2024, a 3.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1618
+12.5%
2 1414
0.0%
3 3937
-5.1%
4 3231
-3.1%
5+ 1419
+35.7%

Summary: The 11570 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 35.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2026+30.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11570, you may be able to get a good deal. 65.4% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 11570 in October 2024, up by 30.0% month-over-month. Of the 26 sold homes, 65% were sold under asking, 8% were sold at asking, and 27% were sold over asking.

Days on Market for 11570, NY

How long does it take to sell a home in 11570, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days65 Days+26.9%

Summary: Homes in 11570 had an average of 65 days on market in Oct 2024, up by 26.9% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 11570 has remained consistent over time.

Summary: During October 2024, 26 homes were sold in 11570; 35% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 27% 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 11570, NY

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