Is 10950, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 10950 was a Seller's Market.
Key Takeaway
10950 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 10950, NY
How much do homes in 10950, NY cost?
Median Sold Price
$497,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 10950 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 10950 was $497,000 in March 2024, up 8% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $163K | $196K | +20.2% |
| 2 Bedrooms | $253.7K | $275K | +8.4% |
| 3 Bedrooms | $425K | $445K | +4.7% |
| 4 Bedrooms | $540.9K | $616K | +13.9% |
| 5+ Bedrooms | $720K | $630K | -12.5% |
Summary: 10950 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.2%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 12.5%.
Housing Supply in 10950, NY
How many homes are available in 10950, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 151 | 152 | +0.7% |
Summary: The 10950 real estate market had 152 homes for sale in March 2024, a 0.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 11 | +10.0% |
| 2 Bedrooms | 28 | 23 | -17.9% |
| 3 Bedrooms | 56 | 54 | -3.6% |
| 4 Bedrooms | 44 | 51 | +15.9% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The 10950 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes decreased by 17.9%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 24 | -25.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 10950, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 10950 in March 2024, down by 25.0% month-over-month. Of the 24 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 10950, NY
How long does it take to sell a home in 10950, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 71 Days | 65 Days | -8.2% |
Summary: Homes in 10950 had an average of 65 days on market in Mar 2024, down by 8.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 10950 has remained consistent over time.
Summary: During March 2024, 24 homes were sold in 10950; 29% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.