Is 11733, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11733 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 11733 was a Seller's Market.

Key Takeaway

11733 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 11733, NY

How much do homes in 11733, NY cost?

Median Sold Price

$733,750

$360/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$33,750(+4.8%)

Key Takeaway

Homes in 11733 have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in 11733 was $733,750 in October 2024, up 4.8% from last year, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $549.9K$627K
+14.0%
3 $575K$665K
+15.7%
4 $745K$790K
+6.0%
5+ $935K$1.0M
+12.3%

Summary: 11733 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 12.3%.

Median Sold Price Compared To Nearby Zip Codes

11720
+11.3%
11777
+8.7%
11776
+8.6%
11790
+7.9%
11733
+4.8%

Housing Supply in 11733, NY

How many homes are available in 11733, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7980+1.3%

Summary: The 11733 real estate market had 80 homes for sale in October 2024, a 1.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 2220
-9.1%
4 3029
-3.3%
5+ 2125
+19.0%

Summary: The 11733 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 19%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1613-18.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11733, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in 11733 in October 2024, down by 18.8% month-over-month. Of the 13 sold homes, 46% were sold under asking, 0% were sold at asking, and 54% were sold over asking.

Days on Market for 11733, NY

How long does it take to sell a home in 11733, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
67 Days47 Days-29.6%

Summary: Homes in 11733 had an average of 47 days on market in Oct 2024, down by 29.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 11733 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 13 homes were sold in 11733; 46% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 8% 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 17 Days Ago

Newest Listings in 11733, NY

Nearby Markets to 11733, NY