$10,000 Closing Credit*
$1,200,000
1,500 SqFt
4 Beds
•2 Full Baths
Listing Office: Thomas J McCarthy Real Estate
Is 11971, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 11971 has remained a Seller's Market.
Key Takeaway
11971 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 11971, NY
How much do homes in 11971, NY cost?
Median Sold Price
$999,025
$540/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$276(0.0%)
Key Takeaway
The sold price of homes in 11971 has remained the same since last year.
Summary: The median home sold price in 11971 was $999,025 in November 2024, the same as last year, and the median price per square foot was $540.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $575K | $790K | +37.4% |
| 2 Bedrooms | $700K | $561.2K | -19.8% |
| 3 Bedrooms | $920K | $970K | +5.4% |
| 4 Bedrooms | $1.3M | $1.1M | -13.6% |
| 5+ Bedrooms | $2.4M | $3.4M | +38.1% |
Summary: 11971 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.4%, 2 bedroom homes decreased by 19.8%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 38.1%.
Median Sold Price Compared To Nearby Zip Codes
| 11944 | $903.2K | $1.0M | +17.4% |
| 11971 | $998.7K | $999K | 0.0% |
Housing Supply in 11971, NY
How many homes are available in 11971, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 70 | -4.1% |
Summary: The 11971 real estate market had 70 homes for sale in November 2024, a 4.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 27 | 25 | -7.4% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 11971 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 decreased by 6.3%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 15 | +114.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11971, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 11971 in November 2024, up by 114.3% month-over-month. Of the 15 sold homes, 80% were sold under asking, 13% were sold at asking, and 7% were sold over asking.
Days on Market for 11971, NY
How long does it take to sell a home in 11971, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 81 Days | +58.0% |
Summary: Homes in 11971 had an average of 81 days on market in Nov 2024, up by 58% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 11971 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 15 homes were sold in 11971; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.