Is 10005, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10005 is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, 10005 has remained a Buyer's Market.

Key Takeaway

10005 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10005, NY

How much do homes in 10005, NY cost?

Median Sold Price

$1,077,500

$1,117/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$85,000(-7.3%)

Key Takeaway

Homes in 10005 have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in 10005 was $1,077,500 in April 2024, down 7.3% from last year, and the median price per square foot was $1,117.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $997.5K$930K
-6.8%
2 $1.4M$1.5M
+10.3%
3 $2.1M$2.6M
+22.8%
4 $4.6M$6.3M
+36.9%
5+ --
N/A

Summary: 10005 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 22.8%, 4 bedroom homes increased by 36.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

10005
-7.3%
10006
-42.7%

Housing Supply in 10005, NY

How many homes are available in 10005, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7677+1.3%

Summary: The 10005 real estate market had 77 homes for sale in April 2024, a 1.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2933
+13.8%
2 3938
-2.6%
3 53
-40.0%
4 33
0.0%
5+ 00
0.0%

Summary: The 10005 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.8%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10005, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 10005 in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 10005, NY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in 10005, NY

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