$275,000
0.10 Acres
Land
Listing Office: Century 21 Kafcos Realty
Is Southeast Bronx, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Southeast Bronx was a Neutral Market.
Key Takeaway
Southeast Bronx is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Southeast Bronx, NY
How much do homes in Southeast Bronx, NY cost?
Median Sold Price
$629,800
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,800(+5.1%)
Key Takeaway
Homes in Southeast Bronx have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Southeast Bronx was $629,800 in November 2024, up 5.1% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184.9K | $208K | +12.5% |
| 2 Bedrooms | $309K | $295K | -4.5% |
| 3 Bedrooms | $599K | $635K | +6.0% |
| 4 Bedrooms | $684.5K | $737K | +7.7% |
| 5+ Bedrooms | $880K | $949.5K | +7.9% |
Summary: Southeast Bronx housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Schuylerville | $657.5K | $770K | +17.1% |
| Throggs Neck | $614K | $677.5K | +10.3% |
| Southeast Bronx | $599K | $629.8K | +5.1% |
Housing Supply in Southeast Bronx, NY
How many homes are available in Southeast Bronx, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 396 | 347 | -12.4% |
Summary: The Southeast Bronx real estate market had 347 homes for sale in November 2024, a 12.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 39 | 35 | -10.3% |
| 2 Bedrooms | 73 | 68 | -6.8% |
| 3 Bedrooms | 130 | 105 | -19.2% |
| 4 Bedrooms | 45 | 39 | -13.3% |
| 5+ Bedrooms | 109 | 100 | -8.3% |
Summary: The Southeast Bronx housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10.3%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 44 | -32.3% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast Bronx, you may be able to get a good deal. 56.8% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Southeast Bronx in November 2024, down by 32.3% month-over-month. Of the 44 sold homes, 57% were sold under asking, 14% were sold at asking, and 30% were sold over asking.
Days on Market for Southeast Bronx, NY
How long does it take to sell a home in Southeast Bronx, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 46 Days | -27.8% |
Summary: Homes in Southeast Bronx had an average of 46 days on market in Nov 2024, down by 27.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southeast Bronx are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 44 homes were sold in Southeast Bronx; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 18% 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. 
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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. 
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.