Is 10023, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10023 is a seller's market

Buyer's
Market

Difference Since August 2023

At the same time last year, 10023 was a Neutral Market.

Key Takeaway

10023 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10023, NY

How much do homes in 10023, NY cost?

Median Sold Price

$1,330,000

$1,412/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$45,000(-3.3%)

Key Takeaway

Homes in 10023 have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in 10023 was $1,330,000 in August 2024, down 3.3% from last year, and the median price per square foot was $1,412.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $897K$852K
-5.0%
2 $1.6M$1.5M
-3.5%
3 $3.0M$2.7M
-8.8%
4 $4.4M$6.1M
+38.7%
5+ $6.6M$6.7M
+1.9%

Summary: 10023 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 38.7%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Zip Codes

10024
-0.2%
10023
-3.3%
10019
-5.2%
10028
-15.8%
10069
-18.7%

Housing Supply in 10023, NY

How many homes are available in 10023, NY?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
351297-15.4%

Summary: The 10023 real estate market had 297 homes for sale in August 2024, a 15.4% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 140115
-17.9%
2 8672
-16.3%
3 6452
-18.8%
4 2726
-3.7%
5+ 3432
-5.9%

Summary: The 10023 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 17.9%, 2 bedroom homes decreased by 16.3%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 5.9%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
4150+22.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

45 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10023, expect to pay close to the asking price. 90% of homes here sold near the asking price last month.

Summary: A total of 50 homes were sold or pending in 10023 in August 2024, up by 22.0% month-over-month. Of the 50 sold homes, 8% were sold under asking, 90% were sold at asking, and 2% were sold over asking.

Days on Market for 10023, 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 20 Days Ago

Newest Listings in 10023, NY

Nearby Markets to 10023, NY