Is 11767, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11767 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 11767 was a Seller's Market.

Key Takeaway

11767 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 11767, NY

How much do homes in 11767, NY cost?

Median Sold Price

$680,000

$349/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+6.3%)

Key Takeaway

Homes in 11767 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 11767 was $680,000 in October 2024, up 6.3% from last year, and the median price per square foot was $349.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $400K$387.5K
-3.1%
2 $490K$522K
+6.5%
3 $577.5K$620K
+7.4%
4 $712.8K$780K
+9.4%
5+ $697.5K$790K
+13.3%

Summary: 11767 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 13.3%.

Median Sold Price Compared To Nearby Zip Codes

11780
+16.2%
11779
+8.6%
11787
+8.1%
11767
+6.3%
11755
+6.3%

Housing Supply in 11767, NY

How many homes are available in 11767, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
64640.0%

Summary: The 11767 real estate market had 64 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 109
-10.0%
3 1415
+7.1%
4 3029
-3.3%
5+ 1011
+10.0%

Summary: The 11767 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 increased by 7.1%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11767, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 11767 in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 11767, NY

How long does it take to sell a home in 11767, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days45 Days+51.3%

Summary: Homes in 11767 had an average of 45 days on market in Oct 2024, up by 51.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 11767 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 11767; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 5 Days Ago

Newest Listings in 11767, NY

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