Is Throggs Neck, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Throggs Neck is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Throggs Neck was a Seller's Market.

Key Takeaway

Throggs Neck is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Throggs Neck, NY

How much do homes in Throggs Neck, NY cost?

Median Sold Price

$677,500

$402/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$63,500(+10.3%)

Key Takeaway

Homes in Throggs Neck have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Throggs Neck was $677,500 in November 2024, up 10.3% from last year, and the median price per square foot was $402.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $280K$317.5K
+13.4%
2 $444.5K$449K
+1.0%
3 $600K$650K
+8.3%
4 $680K$725K
+6.6%
5+ $880K$940K
+6.8%

Summary: Throggs Neck housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.4%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 6.8%.

Median Sold Price Compared To Nearby Neighborhoods

Schuylerville
+17.1%
Throggs Neck
+10.3%
Southeast Bronx
+5.1%
Country Club
-0.6%

Housing Supply in Throggs Neck, NY

How many homes are available in Throggs Neck, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10389-13.6%

Summary: The Throggs Neck real estate market had 89 homes for sale in November 2024, a 13.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1514
-6.7%
3 5244
-15.4%
4 1511
-26.7%
5+ 2019
-5.0%

Summary: The Throggs Neck 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 6.7%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Throggs Neck, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Throggs Neck in November 2024, the same as the previous month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.

Days on Market for Throggs Neck, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
61 Days57 Days-6.7%

Summary: Homes in Throggs Neck had an average of 57 days on market in Nov 2024, down by 6.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Throggs Neck has remained consistent over time.

Summary: During November 2024, 11 homes were sold in Throggs Neck; 18% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 18% 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 17 Days Ago

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