Is 10980, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 10980 was a Buyer's Market.
Housing Prices in 10980, NY
How much do homes in 10980, NY cost?
Median Sold Price
$582,500
$294/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 10980 was $582,500 in April 2024, up 5.9% from last year, and the median price per square foot was $294.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $345K | $370K | +7.2% |
3 Bedrooms | $485.9K | $530K | +9.1% |
4 Bedrooms | $605K | $610K | +0.8% |
5+ Bedrooms | $702.5K | $865K | +23.1% |
Summary: 10980 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 7.2%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 23.1%.
Median Sold Price Compared To Nearby Zip Codes
10993 | $359.5K | $387.5K | +7.8% |
10980 | $550K | $582.5K | +5.9% |
10984 | $617K | $620K | 0.5% |
10596 | $462K | $450K | -2.6% |
Housing Supply in 10980, NY
How many homes are available in 10980, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 54 | +14.9% |
Summary: The 10980 real estate market had 54 homes for sale in April 2024, a 14.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 6 | 9 | +50.0% |
4 Bedrooms | 18 | 22 | +22.2% |
5+ Bedrooms | 20 | 19 | -5.0% |
Summary: The 10980 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 10980 in April 2024, up by 125.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for 10980, NY
How long does it take to sell a home in 10980, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 66 Days | +5.4% |
Summary: Homes in 10980 had an average of 66 days on market in Apr 2024, up by 5.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in 10980; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.