Is 10805, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10805 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 10805 has remained a Buyer's Market.

Key Takeaway

10805 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10805, NY

How much do homes in 10805, NY cost?

Median Sold Price

$267,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$72,500(-21.4%)

Key Takeaway

Homes in 10805 have sold for 21.4% less than they did a year ago.

Summary: The median home sold price in 10805 was $267,000 in March 2024, down 21.4% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $155K$158.5K
+2.3%
2 $250K$235K
-6.0%
3 $702.5K$695K
-1.1%
4 $677.5K$754.5K
+11.4%
5+ $830K$812.5K
-2.1%

Summary: 10805 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes decreased by 6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes decreased by 2.1%.

Median Sold Price Compared To Nearby Zip Codes

10801
+2.8%
10805
-21.4%

Housing Supply in 10805, NY

How many homes are available in 10805, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5963+6.8%

Summary: The 10805 real estate market had 63 homes for sale in March 2024, a 6.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 2930
+3.4%
2 1311
-15.4%
3 1012
+20.0%
4 24
+100.0%
5+ 56
+20.0%

Summary: The 10805 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.4%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10805, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 10805 in March 2024, down by 40.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 10805, NY

How long does it take to sell a home in 10805, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
56 Days86 Days+54.2%

Summary: Homes in 10805 had an average of 86 days on market in Mar 2024, up by 54.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 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 10805 has remained consistent over time.

Summary: During March 2024, 6 homes were sold in 10805; 17% of homes were sold within 30 days, 50% 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 26 Days Ago

Newest Listings in 10805, NY

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