Is 10304, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 10304 was a Neutral Market.
Key Takeaway
10304 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 10304, NY
How much do homes in 10304, NY cost?
Median Sold Price
$611,000
$407/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 10304 have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in 10304 was $611,000 in April 2024, up 11.1% from last year, and the median price per square foot was $407.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $299.5K | $368K | +22.9% |
| 2 Bedrooms | $432.5K | $482.4K | +11.5% |
| 3 Bedrooms | $553K | $638.2K | +15.4% |
| 4 Bedrooms | $685K | $880K | +28.5% |
| 5+ Bedrooms | $580K | $662.5K | +14.2% |
Summary: 10304 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.9%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 28.5%, and 5+ bedroom homes increased by 14.2%.
Housing Supply in 10304, NY
How many homes are available in 10304, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 | 45 | +7.1% |
Summary: The 10304 real estate market had 45 homes for sale in April 2024, a 7.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 24 | 21 | -12.5% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 10304 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 10304, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 10304 in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for 10304, NY
How long does it take to sell a home in 10304, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 57 Days | 81 Days | +42.8% |
Summary: Homes in 10304 had an average of 81 days on market in Apr 2024, up by 42.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 10304 has remained consistent over time.
Summary: During April 2024, 5 homes were sold in 10304; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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