Is 11730, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11730 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 11730 has remained a Buyer's Market.

Key Takeaway

11730 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11730, NY

How much do homes in 11730, NY cost?

Median Sold Price

$660,000

$375/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$95,000(+16.8%)

Key Takeaway

Homes in 11730 have sold for 16.8% more than they did a year ago.

Summary: The median home sold price in 11730 was $660,000 in November 2024, up 16.8% from last year, and the median price per square foot was $375.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $232.5K$338.2K
+45.5%
2 $413.7K$499K
+20.6%
3 $555K$667K
+20.2%
4 $645.5K$765K
+18.5%
5+ $696.5K$783.5K
+12.5%

Summary: 11730 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.5%, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 12.5%.

Median Sold Price Compared To Nearby Zip Codes

11730
+16.8%
11751
+12.2%
11739
+10.8%
11769
+10.8%
11752
+7.9%

Housing Supply in 11730, NY

How many homes are available in 11730, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4036-10.0%

Summary: The 11730 real estate market had 36 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 65
-16.7%
3 1416
+14.3%
4 117
-36.4%
5+ 66
0.0%

Summary: The 11730 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11730, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 11730 in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for 11730, NY

How long does it take to sell a home in 11730, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
90 Days21 Days-76.1%

Summary: Homes in 11730 had an average of 21 days on market in Nov 2024, down by 76.1% compared to last year.

Breakdown of Home Sale Times

4 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

Many homes in 11730 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 11730; 80% of homes were sold within 30 days, 20% 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 21 Days Ago

Newest Listings in 11730, NY

Nearby Markets to 11730, NY