Is 10573, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10573 is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, 10573 has remained a Buyer's Market.

Key Takeaway

10573 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10573, NY

How much do homes in 10573, NY cost?

Median Sold Price

$750,000

$393/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$61,900(+9.0%)

Key Takeaway

Homes in 10573 have sold for 9% more than they did a year ago.

Summary: The median home sold price in 10573 was $750,000 in April 2024, up 9% from last year, and the median price per square foot was $393.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $164K$328.7K
+100.5%
2 $415K$549K
+32.3%
3 $732.5K$781K
+6.6%
4 $910K$1.0M
+12.6%
5+ $890K$880K
-1.1%

Summary: 10573 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 100.5%, 2 bedroom homes increased by 32.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Zip Codes

10573
+9.0%
06830
+8.6%
10580
+4.4%
10604
-4.2%
10577
-4.9%

Housing Supply in 10573, NY

How many homes are available in 10573, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
77103+33.8%

Summary: The 10573 real estate market had 103 homes for sale in April 2024, a 33.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1315
+15.4%
2 1115
+36.4%
3 2535
+40.0%
4 1416
+14.3%
5+ 1422
+57.1%

Summary: The 10573 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 57.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
914+55.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10573, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 10573 in April 2024, up by 55.6% month-over-month. Of the 14 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.

Days on Market for 10573, NY

How long does it take to sell a home in 10573, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
65 Days38 Days-40.5%

Summary: Homes in 10573 had an average of 38 days on market in Apr 2024, down by 40.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10573 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 14 homes were sold in 10573; 79% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 14% 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 9 Days Ago

Newest Listings in 10573, NY

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