Is 10017, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10017 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 10017 has remained a Buyer's Market.

Key Takeaway

10017 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10017, NY

How much do homes in 10017, NY cost?

Median Sold Price

$800,000

$1,138/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$99,500(-11.1%)

Key Takeaway

Homes in 10017 have sold for 11.1% less than they did a year ago.

Summary: The median home sold price in 10017 was $800,000 in March 2024, down 11.1% from last year, and the median price per square foot was $1,138.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $740K$620K
-16.2%
2 $1.2M$1.2M
+4.2%
3 $2.5M$2.7M
+5.1%
4 $2.6M$2.0M
-21.2%
5+ $4.1M$5.1M
+24.4%

Summary: 10017 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes increased by 24.4%.

Housing Supply in 10017, NY

How many homes are available in 10017, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
140141+0.7%

Summary: The 10017 real estate market had 141 homes for sale in March 2024, a 0.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 6667
+1.5%
2 4346
+7.0%
3 1916
-15.8%
4 66
0.0%
5+ 66
0.0%

Summary: The 10017 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 1.5%, 2 bedroom homes increased by 7%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10017, expect to pay close to the asking price. 76.9% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in 10017 in March 2024, up by 30.0% month-over-month. Of the 13 sold homes, 23% were sold under asking, 77% were sold at asking, and 0% were sold over asking.

Days on Market for 10017, 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 27 Days Ago

Newest Listings in 10017, NY

Nearby Markets to 10017, NY