Is 10463, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10463 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 10463 has remained a Buyer's Market.

Key Takeaway

10463 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10463, NY

How much do homes in 10463, NY cost?

Median Sold Price

$330,166

$325/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$29,833(-8.3%)

Key Takeaway

Homes in 10463 have sold for 8.3% less than they did a year ago.

Summary: The median home sold price in 10463 was $330,166 in March 2024, down 8.3% from last year, and the median price per square foot was $325.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $235K$225K
-4.3%
2 $365K$351K
-3.8%
3 $615K$662K
+7.6%
4 $907.5K$765K
-15.7%
5+ $820K$1.0M
+26.5%

Summary: 10463 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 15.7%, and 5+ bedroom homes increased by 26.5%.

Median Sold Price Compared To Nearby Zip Codes

10463
-8.3%
10471
-11.0%

Housing Supply in 10463, NY

How many homes are available in 10463, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
248254+2.4%

Summary: The 10463 real estate market had 254 homes for sale in March 2024, a 2.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 100100
0.0%
2 8393
+12.0%
3 4240
-4.8%
4 108
-20.0%
5+ 1313
0.0%

Summary: The 10463 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2010-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10463, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in 10463 in March 2024, down by 50.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 60% were sold at asking, and 10% were sold over asking.

Days on Market for 10463, NY

How long does it take to sell a home in 10463, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
153 Days88 Days-42.4%

Summary: Homes in 10463 had an average of 88 days on market in Mar 2024, down by 42.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 10463 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 10 homes were sold in 10463; 10% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in 10463, NY

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