Is 10923, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10923 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 10923 was a Neutral Market.

Key Takeaway

10923 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10923, NY

How much do homes in 10923, NY cost?

Median Sold Price

$550,000

$303/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$40,000(+7.8%)

Key Takeaway

Homes in 10923 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 10923 was $550,000 in April 2024, up 7.8% from last year, and the median price per square foot was $303.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $219K-
N/A
2 $265K$373K
+40.8%
3 $400K$448K
+12.0%
4 $542.5K$561K
+3.4%
5+ $667.5K$580K
-13.1%

Summary: 10923 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.8%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 13.1%.

Median Sold Price Compared To Nearby Zip Codes

10923
+7.8%
10993
+7.8%
10980
+5.9%
10984
0.5%

Housing Supply in 10923, NY

How many homes are available in 10923, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2220-9.1%

Summary: The 10923 real estate market had 20 homes for sale in April 2024, a 9.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 33
0.0%
3 66
0.0%
4 77
0.0%
5+ 53
-40.0%

Summary: The 10923 housing inventory by bedroom type for April 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 remained the same, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10923, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 10923 in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 10923, NY

How long does it take to sell a home in 10923, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
36 Days28 Days-22.9%

Summary: Homes in 10923 had an average of 28 days on market in Apr 2024, down by 22.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10923 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 10923; 100% of homes were sold within 30 days, 0% 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 1 Day Ago

Newest Listings in 10923, NY

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