Is 10965, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10965 is a neutral's market

Buyer's
Market

Difference Since March 2023

Since last year, 10965 has remained a Neutral Market.

Key Takeaway

10965 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 10965, NY

How much do homes in 10965, NY cost?

Median Sold Price

$588,000

$344/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$28,000(+5.0%)

Key Takeaway

Homes in 10965 have sold for 5% more than they did a year ago.

Summary: The median home sold price in 10965 was $588,000 in March 2024, up 5% from last year, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $261.5K$266K
+1.7%
2 $363.5K$520K
+43.1%
3 $569.9K$567K
-0.5%
4 $602.5K$677.5K
+12.4%
5+ $775K$737.5K
-4.8%

Summary: 10965 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 43.1%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 4.8%.

Median Sold Price Compared To Nearby Zip Codes

10962
+6.1%
10954
+6.0%
10965
+5.0%
10994
-1.4%

Housing Supply in 10965, NY

How many homes are available in 10965, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2526+4.0%

Summary: The 10965 real estate market had 26 homes for sale in March 2024, a 4.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 1111
0.0%
4 88
0.0%
5+ 44
0.0%

Summary: The 10965 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10965, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 10965 in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 10965, NY

How long does it take to sell a home in 10965, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
72 Days49 Days-30.9%

Summary: Homes in 10965 had an average of 49 days on market in Mar 2024, down by 30.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in 10965 has remained consistent over time.

Summary: During March 2024, 4 homes were sold in 10965; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 26 Days Ago

Newest Listings in 10965, NY

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