Is 11939, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11939 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 11939 was a Neutral Market.

Key Takeaway

11939 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11939, NY

How much do homes in 11939, NY cost?

Median Sold Price

$1,185,000

$584/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+4.4%)

Key Takeaway

Homes in 11939 have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in 11939 was $1,185,000 in October 2024, up 4.4% from last year, and the median price per square foot was $584.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $780K-
N/A
2 -$890K
N/A
3 $1.0M$1.2M
+22.7%
4 $1.5M$1.4M
-3.9%
5+ $1.7M$1.1M
-36.2%

Summary: 11939 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 did not change, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 36.2%.

Median Sold Price Compared To Nearby Zip Codes

11944
+6.5%
11939
+4.4%

Housing Supply in 11939, NY

How many homes are available in 11939, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1820+11.1%

Summary: The 11939 real estate market had 20 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 00
0.0%
3 89
+12.5%
4 45
+25.0%
5+ 44
0.0%

Summary: The 11939 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11939, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 11939 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 11939, NY

How long does it take to sell a home in 11939, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days12 Days+9.1%

Summary: Homes in 11939 had an average of 12 days on market in Oct 2024, up by 9.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 11939 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 11939; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in 11939, NY

Nearby Markets to 11939, NY