Is 10963, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10963 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 10963 was a Buyer's Market.

Key Takeaway

10963 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10963, NY

How much do homes in 10963, NY cost?

Median Sold Price

$413,750

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$48,750(+13.4%)

Key Takeaway

Homes in 10963 have sold for 13.4% more than they did a year ago.

Summary: The median home sold price in 10963 was $413,750 in April 2024, up 13.4% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $230K$290K
+26.1%
3 $365K$415K
+13.7%
4 $417K$479.4K
+15.0%
5+ $437K-
N/A

Summary: 10963 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 26.1%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 15%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

10940
+14.3%
10963
+13.4%
12771
+13.3%
12790
+3.0%

Housing Supply in 10963, NY

How many homes are available in 10963, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
89+12.5%

Summary: The 10963 real estate market had 9 homes for sale in April 2024, a 12.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 33
0.0%
5+ 11
0.0%

Summary: The 10963 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 increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10963, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 10963 in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 10963, NY

How long does it take to sell a home in 10963, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
264 Days61 Days-76.9%

Summary: Homes in 10963 had an average of 61 days on market in Apr 2024, down by 76.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10963 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 10963; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 6 Days Ago

Newest Listings in 10963, NY

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