$1,995 Closing Credit*
$168,000
Studio
•1 Full Bath
Listing Office: Continental Real Estate Group
Is Northwest Bronx, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Northwest Bronx has remained a Buyer's Market.
Key Takeaway
Northwest Bronx is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Northwest Bronx, NY
How much do homes in Northwest Bronx, NY cost?
Median Sold Price
$340,000
$304/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$4,000(-1.2%)
Key Takeaway
Homes in Northwest Bronx have sold for 1.2% less than they did a month ago.
Summary: The median home sold price in Northwest Bronx was $340,000 in November 2024, down 1.2% from last month, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $200K | -14.9% |
| 2 Bedrooms | $365K | $349K | -4.4% |
| 3 Bedrooms | $665K | $597.5K | -10.2% |
| 4 Bedrooms | $825K | $1.6M | +105.2% |
| 5+ Bedrooms | $1.1M | $780K | -29.1% |
Summary: Northwest Bronx housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 14.9%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 105.2%, and 5+ bedroom homes decreased by 29.1%.
Housing Supply in Northwest Bronx, NY
How many homes are available in Northwest Bronx, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 492 | 461 | -6.3% |
Summary: The Northwest Bronx real estate market had 461 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 197 | 188 | -4.6% |
| 2 Bedrooms | 179 | 159 | -11.2% |
| 3 Bedrooms | 51 | 48 | -5.9% |
| 4 Bedrooms | 22 | 23 | +4.5% |
| 5+ Bedrooms | 43 | 43 | 0.0% |
Summary: The Northwest Bronx housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.6%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 43 | -4.4% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northwest Bronx, you may be able to get a good deal. 53.5% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in Northwest Bronx in November 2024, down by 4.4% month-over-month. Of the 43 sold homes, 53% were sold under asking, 33% were sold at asking, and 14% were sold over asking.
Days on Market for Northwest Bronx, NY
How long does it take to sell a home in Northwest Bronx, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 70 Days | 105 Days | +48.7% |
Summary: Homes in Northwest Bronx had an average of 105 days on market in Nov 2024, up by 48.7% compared to last month.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Northwest Bronx has remained consistent over time.
Summary: During November 2024, 43 homes were sold in Northwest Bronx; 19% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 30% 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. 
©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.