Is 11957, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11957 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 11957 has remained a Buyer's Market.

Key Takeaway

11957 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11957, NY

How much do homes in 11957, NY cost?

Median Sold Price

$2,410,000

$482/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$423,000(+21.3%)

Key Takeaway

Homes in 11957 have sold for 21.3% more than they did a month ago.

Summary: The median home sold price in 11957 was $2,410,000 in November 2024, up 21.3% from last month, and the median price per square foot was $482.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.0M-
N/A
4 $2.8M$2.4M
-16.9%
5+ --
N/A

Summary: 11957 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes did not change.

Housing Supply in 11957, NY

How many homes are available in 11957, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2120-4.8%

Summary: The 11957 real estate market had 20 homes for sale in November 2024, a 4.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 76
-14.3%
4 76
-14.3%
5+ 67
+16.7%

Summary: The 11957 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 14.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 11957, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 11957 in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 11957, NY

How long does it take to sell a home in 11957, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
34 Days103 Days+198.6%

Summary: Homes in 11957 had an average of 103 days on market in Nov 2024, up by 198.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 11957 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in 11957; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 11957, NY

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