Is 11758, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11758 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 11758 has remained a Seller's Market.

Key Takeaway

11758 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 11758, NY

How much do homes in 11758, NY cost?

Median Sold Price

$735,000

$417/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$65,000(+9.7%)

Key Takeaway

Homes in 11758 have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in 11758 was $735,000 in November 2024, up 9.7% from last year, and the median price per square foot was $417.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$450K
N/A
2 $582.5K$625K
+7.3%
3 $635K$699K
+10.1%
4 $692K$770K
+11.3%
5+ $770K$840K
+9.1%

Summary: 11758 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 increased by 7.3%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 9.1%.

Median Sold Price Compared To Nearby Zip Codes

11783
+14.6%
11701
+12.1%
11758
+9.7%
11710
+9.5%
11762
+4.4%

Housing Supply in 11758, NY

How many homes are available in 11758, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
193184-4.7%

Summary: The 11758 real estate market had 184 homes for sale in November 2024, a 4.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 7767
-13.0%
4 7474
0.0%
5+ 3838
0.0%

Summary: The 11758 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 increased by 33.3%, 3 bedroom homes decreased by 13%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4136-12.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11758, you could pay more than the asking price. 61.1% of homes here sold above asking price last month.

Summary: A total of 36 homes were sold or pending in 11758 in November 2024, down by 12.2% month-over-month. Of the 36 sold homes, 19% were sold under asking, 19% were sold at asking, and 61% were sold over asking.

Days on Market for 11758, NY

How long does it take to sell a home in 11758, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
65 Days37 Days-41.9%

Summary: Homes in 11758 had an average of 37 days on market in Nov 2024, down by 41.9% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 11758 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 36 homes were sold in 11758; 67% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 14% 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 11758, NY

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