Is 11935, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11935 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 11935 was a Neutral Market.

Key Takeaway

11935 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11935, NY

How much do homes in 11935, NY cost?

Median Sold Price

$1,052,500

$568/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$242,500(-18.7%)

Key Takeaway

Homes in 11935 have sold for 18.7% less than they did a year ago.

Summary: The median home sold price in 11935 was $1,052,500 in October 2024, down 18.7% from last year, and the median price per square foot was $568.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $955K$703.7K
-26.3%
3 $975K$932.5K
-4.4%
4 $1.6M$1.5M
-7.2%
5+ $600K$1.8M
+200.0%

Summary: 11935 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 decreased by 26.3%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 200%.

Median Sold Price Compared To Nearby Zip Codes

11952
-1.4%
11935
-18.7%

Housing Supply in 11935, NY

How many homes are available in 11935, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4245+7.1%

Summary: The 11935 real estate market had 45 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 1818
0.0%
4 1414
0.0%
5+ 89
+12.5%

Summary: The 11935 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11935, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 11935 in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 11935, NY

How long does it take to sell a home in 11935, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days91 Days+76.6%

Summary: Homes in 11935 had an average of 91 days on market in Oct 2024, up by 76.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 11935 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 11935; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 11935, NY

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