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 November 2023

At the same time last year, 11935 was a Seller's 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

$1,024,500

$571/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$325,500(-24.1%)

Key Takeaway

Homes in 11935 have sold for 24.1% less than they did a year ago.

Summary: The median home sold price in 11935 was $1,024,500 in November 2024, down 24.1% from last year, and the median price per square foot was $571.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $955K$707.5K
-25.9%
3 $935K$975K
+4.3%
4 $1.6M$1.5M
-7.8%
5+ $975K$1.8M
+84.6%

Summary: 11935 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 decreased by 25.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 84.6%.

Median Sold Price Compared To Nearby Zip Codes

11952
-11.3%
11935
-24.1%

Housing Supply in 11935, NY

How many homes are available in 11935, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4340-7.0%

Summary: The 11935 real estate market had 40 homes for sale in November 2024, a 7.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1917
-10.5%
4 1312
-7.7%
5+ 88
0.0%

Summary: The 11935 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 10.5%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11935, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in 11935 in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% 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

Nov 2023Nov 2024CHANGE
86 Days95 Days+10.1%

Summary: Homes in 11935 had an average of 95 days on market in Nov 2024, up by 10.1% compared to last year.

Breakdown of Home Sale Times

2 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

Most homes in 11935 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 5 homes were sold in 11935; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% 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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