Is 10980, 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, 10980 was a Seller's Market.
Housing Prices in 10980, NY
How much do homes in 10980, NY cost?
Median Sold Price
$580,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10980 was $580,000 in March 2024, up 6.9% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $345K | $365K | +5.8% |
3 Bedrooms | $468.6K | $532.5K | +13.6% |
4 Bedrooms | $600K | $612.5K | +2.1% |
5+ Bedrooms | $682K | $865K | +26.8% |
Summary: 10980 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 26.8%.
Median Sold Price Compared To Nearby Zip Codes
10980 | $542.5K | $580K | +6.9% |
10993 | $358K | $368K | +2.8% |
10984 | $617K | $622.5K | +0.9% |
10596 | $474.4K | $433.5K | -8.6% |
Housing Supply in 10980, NY
How many homes are available in 10980, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 46 | -6.1% |
Summary: The 10980 real estate market had 46 homes for sale in March 2024, a 6.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 20 | 17 | -15.0% |
5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The 10980 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 decreased by 14.3%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 4 | -55.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 10980 in March 2024, down by 55.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 42 Days | +5.9% |
Summary: Homes in 10980 had an average of 42 days on market in Mar 2024, up by 5.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in 10980; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.