Is 10804, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10804 is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 10804 was a Buyer's Market.

Key Takeaway

10804 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 10804, NY

How much do homes in 10804, NY cost?

Median Sold Price

$922,500

$382/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$33,000(+3.7%)

Key Takeaway

Homes in 10804 have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in 10804 was $922,500 in February 2024, up 3.7% from last year, and the median price per square foot was $382.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $226.2K$245K
+8.3%
2 $415K$415K
0.0%
3 $825K$899.5K
+9.0%
4 $950.3K$1.0M
+7.8%
5+ $1.3M$1.2M
-8.7%

Summary: 10804 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 8.7%.

Median Sold Price Compared To Nearby Zip Codes

10538
+14.7%
10801
+5.3%
10804
+3.7%
10708
+2.3%
10709
-1.3%

Housing Supply in 10804, NY

How many homes are available in 10804, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
4852+8.3%

Summary: The 10804 real estate market had 52 homes for sale in February 2024, a 8.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 57
+40.0%
2 53
-40.0%
3 1413
-7.1%
4 1419
+35.7%
5+ 1010
0.0%

Summary: The 10804 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10804, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 10804 in February 2024, down by 27.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.

Days on Market for 10804, NY

How long does it take to sell a home in 10804, NY?

Average Sale Time

Feb 2023Feb 2024CHANGE
32 Days57 Days+78.9%

Summary: Homes in 10804 had an average of 57 days on market in Feb 2024, up by 78.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10804 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 8 homes were sold in 10804; 50% of homes were sold within 30 days, 25% 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 10804, NY

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