Is 10941, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10941 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 10941 was a Neutral Market.

Key Takeaway

10941 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 10941, NY

How much do homes in 10941, NY cost?

Median Sold Price

$421,250

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$46,250(+12.3%)

Key Takeaway

Homes in 10941 have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in 10941 was $421,250 in April 2024, up 12.3% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $159.7K$175K
+9.5%
2 $255K$305K
+19.6%
3 $333.5K$375K
+12.4%
4 $492.5K$480.5K
-2.4%
5+ $540K$829.5K
+53.6%

Summary: 10941 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 53.6%.

Median Sold Price Compared To Nearby Zip Codes

12549
+17.9%
10941
+12.3%
10916
+2.5%

Housing Supply in 10941, NY

How many homes are available in 10941, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4148+17.1%

Summary: The 10941 real estate market had 48 homes for sale in April 2024, a 17.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 1111
0.0%
4 1922
+15.8%
5+ 57
+40.0%

Summary: The 10941 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10941, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 10941 in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 10941, NY

How long does it take to sell a home in 10941, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
33 Days38 Days+15.2%

Summary: Homes in 10941 had an average of 38 days on market in Apr 2024, up by 15.2% compared to last year.

Breakdown of Home Sale Times

2 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 10941 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in 10941; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 10941, NY

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