Is 10601, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10601 is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, 10601 has remained a Buyer's Market.

Key Takeaway

10601 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10601, NY

How much do homes in 10601, NY cost?

Median Sold Price

$394,750

$366/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$54,750(+16.1%)

Key Takeaway

Homes in 10601 have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in 10601 was $394,750 in April 2024, up 16.1% from last year, and the median price per square foot was $366.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $202.5K$230K
+13.6%
2 $434.5K$527K
+21.3%
3 $420K$1.3M
+209.5%
4 $2.3M-
N/A
5+ $900K-
N/A

Summary: 10601 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 209.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

10605
+19.7%
10601
+16.1%
10603
+7.6%
10604
-4.2%

Housing Supply in 10601, NY

How many homes are available in 10601, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6371+12.7%

Summary: The 10601 real estate market had 71 homes for sale in April 2024, a 12.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2225
+13.6%
2 3540
+14.3%
3 32
-33.3%
4 22
0.0%
5+ 12
+100.0%

Summary: The 10601 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10601, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 10601 in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for 10601, NY

How long does it take to sell a home in 10601, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
89 Days87 Days-2.0%

Summary: Homes in 10601 had an average of 87 days on market in Apr 2024, down by 2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 10601 has remained consistent over time.

Summary: During April 2024, 6 homes were sold in 10601; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 1 Day Ago

Newest Listings in 10601, NY

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