Is 10514, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 10514 was a Neutral Market.
Key Takeaway
10514 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 10514, NY
How much do homes in 10514, NY cost?
Median Sold Price
$1,291,500
$432/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 10514 have sold for 1% less than they did a year ago.
Summary: The median home sold price in 10514 was $1,291,500 in March 2024, down 1% from last year, and the median price per square foot was $432.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $372.5K | $380K | +2.0% |
| 2 Bedrooms | $632.5K | $625K | -1.2% |
| 3 Bedrooms | $920K | $1.0M | +14.7% |
| 4 Bedrooms | $1.3M | $1.4M | +5.3% |
| 5+ Bedrooms | $1.9M | $1.7M | -7.7% |
Summary: 10514 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 7.7%.
Housing Supply in 10514, NY
How many homes are available in 10514, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 57 | +16.3% |
Summary: The 10514 real estate market had 57 homes for sale in March 2024, a 16.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 19 | 21 | +10.5% |
| 5+ Bedrooms | 13 | 17 | +30.8% |
Summary: The 10514 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 50%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 30.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 10514, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 10514 in March 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for 10514, NY
How long does it take to sell a home in 10514, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 54 Days | +24.9% |
Summary: Homes in 10514 had an average of 54 days on market in Mar 2024, up by 24.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 10514 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in 10514; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.