Is 10533, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10533 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 10533 was a Seller's Market.

Key Takeaway

10533 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10533, NY

How much do homes in 10533, NY cost?

Median Sold Price

$950,000

$440/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$69,000(+7.8%)

Key Takeaway

Homes in 10533 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 10533 was $950,000 in March 2024, up 7.8% from last year, and the median price per square foot was $440.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $297.5K$190K
-36.1%
2 $374.5K$763K
+103.7%
3 $899.5K$835K
-7.2%
4 $1.2M$1.3M
+8.2%
5+ $1.9M$1.7M
-9.3%

Summary: 10533 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.1%, 2 bedroom homes increased by 103.7%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 9.3%.

Median Sold Price Compared To Nearby Zip Codes

10533
+7.8%
10591
+4.7%
10607
0.1%
10523
-1.3%

Housing Supply in 10533, NY

How many homes are available in 10533, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3337+12.1%

Summary: The 10533 real estate market had 37 homes for sale in March 2024, a 12.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 32
-33.3%
2 611
+83.3%
3 1212
0.0%
4 65
-16.7%
5+ 67
+16.7%

Summary: The 10533 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 83.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10533, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 10533 in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 10533, NY

How long does it take to sell a home in 10533, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
59 Days44 Days-24.7%

Summary: Homes in 10533 had an average of 44 days on market in Mar 2024, down by 24.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10533 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in 10533; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 27 Days Ago

Newest Listings in 10533, NY

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