Is 10552, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10552 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 10552 was a Neutral Market.

Key Takeaway

10552 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10552, NY

How much do homes in 10552, NY cost?

Median Sold Price

$270,000

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$227,750(-45.8%)

Key Takeaway

Homes in 10552 have sold for 45.8% less than they did a year ago.

Summary: The median home sold price in 10552 was $270,000 in March 2024, down 45.8% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $132K$145K
+9.8%
2 $205K$230K
+12.2%
3 $645K$600K
-7.0%
4 $760K$800K
+5.3%
5+ $799.9K$762.5K
-4.7%

Summary: 10552 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 12.2%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 4.7%.

Median Sold Price Compared To Nearby Zip Codes

10803
+9.0%
10708
+4.6%
10550
+3.5%
10553
-16.6%
10552
-45.8%

Housing Supply in 10552, NY

How many homes are available in 10552, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
123124+0.8%

Summary: The 10552 real estate market had 124 homes for sale in March 2024, a 0.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 4548
+6.7%
2 3532
-8.6%
3 1415
+7.1%
4 1315
+15.4%
5+ 1614
-12.5%

Summary: The 10552 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1812-33.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10552, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 10552 in March 2024, down by 33.3% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.

Days on Market for 10552, NY

How long does it take to sell a home in 10552, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
108 Days68 Days-37.0%

Summary: Homes in 10552 had an average of 68 days on market in Mar 2024, down by 37% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 10552 has remained consistent over time.

Summary: During March 2024, 12 homes were sold in 10552; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 10552, NY

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