Is 10509, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10509 is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, 10509 has remained a Seller's Market.

Key Takeaway

10509 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 10509, NY cost?

Median Sold Price

$389,666

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$48,100(+14.1%)

Key Takeaway

Homes in 10509 have sold for 14.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $212K$260K
+22.6%
2 $250K$300K
+20.0%
3 $355K$405K
+14.1%
4 $547.5K$586K
+7.0%
5+ $570K$515K
-9.6%

Median Sold Price Compared To Nearby Zip Codes

12563
+14.2%
10509
+14.1%
10512
+12.3%
10560
+10.9%

How many homes are available in 10509, NY?

Number of Homes For Sale

Sep 2021Oct 2021%
145144-0.7%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 1611
-31.3%
2 3026
-13.3%
3 4451
+15.9%
4 4948
-2.0%
5+ 68
+33.3%

Number of Homes Sold

Sep 2021Oct 2021%
2328+21.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10509, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
64 Days48 Days-24.8%

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10509 are selling fast, if you're buying plan to act quickly.

About 10509, NY

10509, NY has 144 homes for sale to choose from. Between September 2021 and October 2021, 10509, NY real estate market has seen decrease in the number of listings by 0.7%. While the average time on the market in October 2021 was 48 days, the median list price was $389,666. This housing market listing prices have changed between September 2021 and October 2021: the cost of 1 bedroom properties went up by 22.6%, the cost of 2 bedrooms properties went up by 20%, prices of 3 bedrooms properties increased by 14.1%, prices of 4 bedrooms properties went up by 7%, the cost of 5 bedrooms properties went down by 9.6%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went down by 31.3%, number of 2 bedrooms homes decreased by 13.3%, number of 3 bedrooms homes increased by 15.9%, number of 4 bedrooms homes decreased by 2%, 5 bedrooms homes inventory increased by 33.3%. While more than 16 listings in 10509, NY in October 2021 were sold above asking price, there were more than 5 listings sold at asking price, and more than 7 were sold below.