Is 10028, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 10028 has remained a Buyer's Market.
Key Takeaway
10028 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 10028, NY
How much do homes in 10028, NY cost?
Median Sold Price
$1,400,000
$1,289/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 10028 have sold for 16% less than they did a year ago.
Summary: The median home sold price in 10028 was $1,400,000 in March 2024, down 16% from last year, and the median price per square foot was $1,289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $682.5K | $700K | +2.6% |
| 2 Bedrooms | $1.6M | $1.4M | -9.4% |
| 3 Bedrooms | $2.7M | $2.3M | -14.4% |
| 4 Bedrooms | $4.1M | $7.1M | +73.2% |
| 5+ Bedrooms | $6.2M | $10.1M | +63.7% |
Summary: 10028 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes decreased by 9.4%, 3 bedroom homes decreased by 14.4%, 4 bedroom homes increased by 73.2%, and 5+ bedroom homes increased by 63.7%.
Housing Supply in 10028, NY
How many homes are available in 10028, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 272 | 271 | -0.4% |
Summary: The 10028 real estate market had 271 homes for sale in March 2024, a 0.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 76 | 74 | -2.6% |
| 2 Bedrooms | 80 | 82 | +2.5% |
| 3 Bedrooms | 66 | 65 | -1.5% |
| 4 Bedrooms | 29 | 29 | 0.0% |
| 5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The 10028 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.6%, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 11 | -35.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 10028, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in 10028 in March 2024, down by 35.3% month-over-month. Of the 11 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 10028, NY
We’re sorry, we don't have information for this market at the moment
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