Is 12010, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12010 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 12010 has remained a Seller's Market.

Key Takeaway

12010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12010, NY

How much do homes in 12010, NY cost?

Median Sold Price

$193,000

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,000(+10.9%)

Key Takeaway

Homes in 12010 have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in 12010 was $193,000 in November 2024, up 10.9% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K$127.2K
-15.2%
2 $190K$175K
-7.9%
3 $205K$220K
+7.3%
4 $204.5K$187.7K
-8.2%
5+ $126.7K$160K
+26.3%

Summary: 12010 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.2%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes increased by 26.3%.

Median Sold Price Compared To Nearby Zip Codes

12137
+29.6%
12010
+10.9%
12086
-4.3%

Housing Supply in 12010, NY

How many homes are available in 12010, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
12591-27.2%

Summary: The 12010 real estate market had 91 homes for sale in November 2024, a 27.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1915
-21.1%
3 4741
-12.8%
4 3218
-43.8%
5+ 2617
-34.6%

Summary: The 12010 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes decreased by 43.8%, and 5+ bedroom homes decreased by 34.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3530-14.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12010, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 12010 in November 2024, down by 14.3% month-over-month. Of the 30 sold homes, 53% were sold under asking, 13% were sold at asking, and 33% were sold over asking.

Days on Market for 12010, NY

How long does it take to sell a home in 12010, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days20 Days-32.2%

Summary: Homes in 12010 had an average of 20 days on market in Nov 2024, down by 32.2% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12010 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 30 homes were sold in 12010; 77% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 7% 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 3 Days Ago

Newest Listings in 12010, NY

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