Is 10993, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10993 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 10993 has remained a Seller's Market.

Key Takeaway

10993 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10993, NY

How much do homes in 10993, NY cost?

Median Sold Price

$387,500

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$28,000(+7.8%)

Key Takeaway

Homes in 10993 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 10993 was $387,500 in April 2024, up 7.8% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $309.5K$335.2K
+8.3%
3 $364.5K$371.5K
+1.9%
4 $430K$410K
-4.7%
5+ $540K$577.5K
+6.9%

Summary: 10993 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 8.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 6.9%.

Median Sold Price Compared To Nearby Zip Codes

10993
+7.8%
10923
+7.8%
10980
+5.9%

Housing Supply in 10993, NY

How many homes are available in 10993, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
15150.0%

Summary: The 10993 real estate market had 15 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 97
-22.2%
4 12
+100.0%
5+ 22
0.0%

Summary: The 10993 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 increased by 33.3%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10993, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 10993 in April 2024, up by 33.3% 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 10993, NY

How long does it take to sell a home in 10993, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
17 Days26 Days+52.9%

Summary: Homes in 10993 had an average of 26 days on market in Apr 2024, up by 52.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10993 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 10993; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in 10993, NY

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