Is 11952, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11952 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 11952 was a Seller's Market.

Key Takeaway

11952 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11952, NY

How much do homes in 11952, NY cost?

Median Sold Price

$865,000

$503/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$110,000(-11.3%)

Key Takeaway

Homes in 11952 have sold for 11.3% less than they did a year ago.

Summary: The median home sold price in 11952 was $865,000 in November 2024, down 11.3% from last year, and the median price per square foot was $503.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $640K$880.7K
+37.6%
3 $825K$825K
0.0%
4 $1.6M$1.1M
-29.2%
5+ $1.1M$2.4M
+110.6%

Summary: 11952 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 37.6%, 3 bedroom homes did not change, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes increased by 110.6%.

Median Sold Price Compared To Nearby Zip Codes

11948
+50.0%
11952
-11.3%
11935
-24.1%

Housing Supply in 11952, NY

How many homes are available in 11952, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3736-2.7%

Summary: The 11952 real estate market had 36 homes for sale in November 2024, a 2.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1314
+7.7%
4 1311
-15.4%
5+ 77
0.0%

Summary: The 11952 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 increased by 7.7%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 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 11952, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 11952 in November 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 11952, NY

How long does it take to sell a home in 11952, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
86 Days77 Days-10.5%

Summary: Homes in 11952 had an average of 77 days on market in Nov 2024, down by 10.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 11952 has remained consistent over time.

Summary: During November 2024, 3 homes were sold in 11952; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 11952, NY

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