Is 10956, 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, 10956 was a Buyer's Market.
Housing Prices in 10956, NY
How much do homes in 10956, NY cost?
Median Sold Price
$700,000
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10956 was $700,000 in March 2024, up 6.1% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $334.5K | $317.5K | -5.1% |
2 Bedrooms | $397.5K | $439K | +10.4% |
3 Bedrooms | $530K | $570K | +7.5% |
4 Bedrooms | $678K | $700K | +3.2% |
5+ Bedrooms | $825K | $822.5K | -0.3% |
Summary: 10956 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 0.3%.
Housing Supply in 10956, NY
How many homes are available in 10956, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 90 | +21.6% |
Summary: The 10956 real estate market had 90 homes for sale in March 2024, a 21.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 10 | 17 | +70.0% |
4 Bedrooms | 29 | 35 | +20.7% |
5+ Bedrooms | 27 | 30 | +11.1% |
Summary: The 10956 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 70%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 15 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 10956 in March 2024, up by 50.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.
Days on Market for 10956, NY
How long does it take to sell a home in 10956, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 45 Days | -25.5% |
Summary: Homes in 10956 had an average of 45 days on market in Mar 2024, down by 25.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in 10956; 47% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.