Is 10547, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 10547 has remained a Buyer's Market.
Housing Prices in 10547, NY
How much do homes in 10547, NY cost?
Median Sold Price
$420,000
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10547 was $420,000 in March 2024, down 12.3% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210.7K | $230K | +9.1% |
2 Bedrooms | $386.5K | $395K | +2.2% |
3 Bedrooms | $534K | $500K | -6.4% |
4 Bedrooms | $630K | $717.5K | +13.9% |
5+ Bedrooms | $650K | $830K | +27.7% |
Summary: 10547 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 27.7%.
Housing Supply in 10547, NY
How many homes are available in 10547, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 29 | -3.3% |
Summary: The 10547 real estate market had 29 homes for sale in March 2024, a 3.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 10 | 10 | 0.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 10547 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 10547 in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for 10547, NY
How long does it take to sell a home in 10547, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 97 Days | +290.0% |
Summary: Homes in 10547 had an average of 97 days on market in Mar 2024, up by 290% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in 10547; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.