Is 10570, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10570 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 10570 was a Neutral Market.

Key Takeaway

10570 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10570, NY

How much do homes in 10570, NY cost?

Median Sold Price

$897,500

$484/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$72,500(-7.5%)

Key Takeaway

Homes in 10570 have sold for 7.5% less than they did a month ago.

Summary: The median home sold price in 10570 was $897,500 in March 2024, down 7.5% from last month, and the median price per square foot was $484.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $200K$248K
+24.0%
2 $970K$555K
-42.8%
3 -$1.8M
N/A
4 $1.3M$915K
-32.1%
5+ $950K-
N/A

Summary: 10570 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes increased by 24%, 2 bedroom homes decreased by 42.8%, 3 bedroom homes did not change, 4 bedroom homes decreased by 32.1%, and 5+ bedroom homes did not change.

Housing Supply in 10570, NY

How many homes are available in 10570, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3134+9.7%

Summary: The 10570 real estate market had 34 homes for sale in March 2024, a 9.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 55
0.0%
3 55
0.0%
4 1517
+13.3%
5+ 34
+33.3%

Summary: The 10570 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10570, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 10570 in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.

Days on Market for 10570, NY

How long does it take to sell a home in 10570, NY?

Average Sale Time

Feb 2024Mar 2024CHANGE
39 Days22 Days-43.2%

Summary: Homes in 10570 had an average of 22 days on market in Mar 2024, down by 43.2% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10570 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in 10570; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 28 Days Ago

Newest Listings in 10570, NY

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