Is 10024, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10024 is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, 10024 has remained a Buyer's Market.

Key Takeaway

10024 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10024, NY

How much do homes in 10024, NY cost?

Median Sold Price

$1,570,833

$1,438/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$107,952(-6.4%)

Key Takeaway

Homes in 10024 have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in 10024 was $1,570,833 in April 2024, down 6.4% from last year, and the median price per square foot was $1,438.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $807.3K$775K
-4.0%
2 $1.5M$1.4M
-5.2%
3 $2.8M$2.8M
-2.6%
4 $5.7M$4.9M
-14.6%
5+ $7.8M$6.4M
-18.1%

Summary: 10024 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes decreased by 18.1%.

Median Sold Price Compared To Nearby Zip Codes

10069
+5.8%
10023
+3.8%
10024
-6.4%
10025
-9.0%
10028
-21.6%

Housing Supply in 10024, NY

How many homes are available in 10024, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
311287-7.7%

Summary: The 10024 real estate market had 287 homes for sale in April 2024, a 7.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 7670
-7.9%
2 9383
-10.8%
3 7375
+2.7%
4 3731
-16.2%
5+ 3228
-12.5%

Summary: The 10024 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.9%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3139+25.8%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

36 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10024, expect to pay close to the asking price. 92.3% of homes here sold near the asking price last month.

Summary: A total of 39 homes were sold or pending in 10024 in April 2024, up by 25.8% month-over-month. Of the 39 sold homes, 8% were sold under asking, 92% were sold at asking, and 0% were sold over asking.

Days on Market for 10024, 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 5 Days Ago

Newest Listings in 10024, NY

Nearby Markets to 10024, NY