Is 10025, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 10025 has remained a Buyer's Market.
Key Takeaway
10025 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 10025, NY
How much do homes in 10025, NY cost?
Median Sold Price
$1,123,750
$1,238/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 10025 have sold for 9% less than they did a year ago.
Summary: The median home sold price in 10025 was $1,123,750 in April 2024, down 9% from last year, and the median price per square foot was $1,238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $699.5K | $720K | +2.9% |
| 2 Bedrooms | $1.2M | $1.1M | -6.1% |
| 3 Bedrooms | $1.9M | $1.7M | -10.2% |
| 4 Bedrooms | $3.2M | $3.4M | +4.8% |
| 5+ Bedrooms | $4.5M | $4.1M | -7.8% |
Summary: 10025 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 7.8%.
Housing Supply in 10025, NY
How many homes are available in 10025, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 288 | 270 | -6.3% |
Summary: The 10025 real estate market had 270 homes for sale in April 2024, a 6.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 82 | 73 | -11.0% |
| 2 Bedrooms | 71 | 64 | -9.9% |
| 3 Bedrooms | 81 | 79 | -2.5% |
| 4 Bedrooms | 40 | 40 | 0.0% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The 10025 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11%, 2 bedroom homes decreased by 9.9%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 10025, expect to pay close to the asking price. 76% of homes here sold near the asking price last month.
Summary: A total of 25 homes were sold or pending in 10025 in April 2024, down by 3.8% month-over-month. Of the 25 sold homes, 16% were sold under asking, 76% were sold at asking, and 8% were sold over asking.
Days on Market for 10025, NY
How long does it take to sell a home in 10025, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 85 Days | 152 Days | +78.8% |
Summary: Homes in 10025 had an average of 152 days on market in Apr 2024, up by 78.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 10025 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 25 homes were sold in 10025; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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