Is 10927, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10927 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 10927 was a Buyer's Market.

Key Takeaway

10927 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10927, NY

How much do homes in 10927, NY cost?

Median Sold Price

$489,000

$263/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$114,000(+30.4%)

Key Takeaway

Homes in 10927 have sold for 30.4% more than they did a month ago.

Summary: The median home sold price in 10927 was $489,000 in April 2024, up 30.4% from last month, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $265K-
N/A
2 $375K$545K
+45.3%
3 -$489K
N/A
4 --
N/A
5+ $565K-
N/A

Summary: 10927 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 45.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 10927, NY

How many homes are available in 10927, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2930+3.4%

Summary: The 10927 real estate market had 30 homes for sale in April 2024, a 3.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 89
+12.5%
3 1212
0.0%
4 34
+33.3%
5+ 44
0.0%

Summary: The 10927 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10927, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 10927 in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for 10927, NY

How long does it take to sell a home in 10927, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
24 Days50 Days+111.8%

Summary: Homes in 10927 had an average of 50 days on market in Apr 2024, up by 111.8% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10927 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in 10927; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 2 Days Ago

Newest Listings in 10927, NY

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