Is 11958, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11958 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 11958 has remained a Seller's Market.

Key Takeaway

11958 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 11958, NY

How much do homes in 11958, NY cost?

Median Sold Price

$810,000

$436/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$940,000(-53.7%)

Key Takeaway

Homes in 11958 have sold for 53.7% less than they did a month ago.

Summary: The median home sold price in 11958 was $810,000 in November 2024, down 53.7% from last month, and the median price per square foot was $436.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.7M-
N/A
4 -$810K
N/A
5+ --
N/A

Summary: 11958 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in 11958, NY

How many homes are available in 11958, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
45+25.0%

Summary: The 11958 real estate market had 5 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 22
0.0%
5+ 01
+100.0%

Summary: The 11958 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

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 11958, 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 11958 in November 2024, the same as the previous 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 11958, NY

How long does it take to sell a home in 11958, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
326 Days171 Days-47.5%

Summary: Homes in 11958 had an average of 171 days on market in Nov 2024, down by 47.5% 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 11958 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 11958; 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 11958, NY

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