$8,847 Closing Credit*
$745,000
1,400 SqFt
3 Beds
•2 Full Baths
Listing Office: Daniel Gale Sothebys Intl Rlty
Is 11590, 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, 11590 was a Seller's Market.
Key Takeaway
11590 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11590, NY
How much do homes in 11590, NY cost?
Median Sold Price
$727,000
$454/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$57,000(+8.5%)
Key Takeaway
Homes in 11590 have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in 11590 was $727,000 in October 2024, up 8.5% from last year, and the median price per square foot was $454.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $359K | $400K | +11.4% |
| 2 Bedrooms | $725K | $757.5K | +4.5% |
| 3 Bedrooms | $675K | $735.5K | +9.0% |
| 4 Bedrooms | $662.5K | $700K | +5.7% |
| 5+ Bedrooms | $690K | $805K | +16.7% |
Summary: 11590 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.4%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 16.7%.
Housing Supply in 11590, NY
How many homes are available in 11590, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 164 | 162 | -1.2% |
Summary: The 11590 real estate market had 162 homes for sale in October 2024, a 1.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 10 | +11.1% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 36 | 34 | -5.6% |
| 4 Bedrooms | 65 | 67 | +3.1% |
| 5+ Bedrooms | 35 | 34 | -2.9% |
Summary: The 11590 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 2.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 23 | -14.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11590, you could pay more than the asking price. 52.2% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in 11590 in October 2024, down by 14.8% month-over-month. Of the 23 sold homes, 35% were sold under asking, 13% were sold at asking, and 52% were sold over asking.
Days on Market for 11590, NY
How long does it take to sell a home in 11590, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 52 Days | +18.9% |
Summary: Homes in 11590 had an average of 52 days on market in Oct 2024, up by 18.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 11590 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in 11590; 39% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 22% 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. 
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally