Is 11739, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11739 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 11739 has remained a Seller's Market.

Key Takeaway

11739 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 11739, NY

How much do homes in 11739, NY cost?

Median Sold Price

$975,000

$401/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$95,000(+10.8%)

Key Takeaway

Homes in 11739 have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in 11739 was $975,000 in November 2024, up 10.8% from last year, and the median price per square foot was $401.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $945K$825K
-12.7%
4 $834.5K$1.2M
+48.0%
5+ $1.0M$1.1M
+10.7%

Summary: 11739 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 12.7%, 4 bedroom homes increased by 48%, and 5+ bedroom homes increased by 10.7%.

Median Sold Price Compared To Nearby Zip Codes

11730
+16.8%
11739
+10.8%
11769
+10.8%

Housing Supply in 11739, NY

How many homes are available in 11739, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
118-27.3%

Summary: The 11739 real estate market had 8 homes for sale in November 2024, a 27.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 53
-40.0%
4 44
0.0%
5+ 21
-50.0%

Summary: The 11739 housing inventory by bedroom type for November 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 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11739, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 11739 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 11739, NY

How long does it take to sell a home in 11739, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
149 Days62 Days-58.5%

Summary: Homes in 11739 had an average of 62 days on market in Nov 2024, down by 58.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 11739 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 11739; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

Newest Listings in 11739, NY

Nearby Markets to 11739, NY