Is 11749, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11749 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 11749 was a Buyer's Market.

Key Takeaway

11749 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 11749, NY

How much do homes in 11749, NY cost?

Median Sold Price

$590,000

$359/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$140,000(+31.1%)

Key Takeaway

Homes in 11749 have sold for 31.1% more than they did a year ago.

Summary: The median home sold price in 11749 was $590,000 in October 2024, up 31.1% from last year, and the median price per square foot was $359.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $270K$325K
+20.4%
2 $540K$637K
+18.0%
3 $408K$542.5K
+33.0%
4 $550K$590K
+7.3%
5+ $557.5K$550K
-1.3%

Summary: 11749 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.4%, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 33%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Zip Codes

11749
+31.1%
11722
+13.4%
11788
+11.5%
11779
+8.6%

Housing Supply in 11749, NY

How many homes are available in 11749, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2322-4.3%

Summary: The 11749 real estate market had 22 homes for sale in October 2024, a 4.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 109
-10.0%
3 55
0.0%
4 43
-25.0%
5+ 23
+50.0%

Summary: The 11749 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 decreased by 10%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11749, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in 11749 in October 2024, up by 250.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.

Days on Market for 11749, NY

How long does it take to sell a home in 11749, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days140 Days+539.6%

Summary: Homes in 11749 had an average of 140 days on market in Oct 2024, up by 539.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 11749 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 11749; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% 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 11749, NY

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