Is 11010, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11010 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 11010 has remained a Buyer's Market.

Key Takeaway

11010 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11010, NY

How much do homes in 11010, NY cost?

Median Sold Price

$722,500

$467/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$65,170(+9.9%)

Key Takeaway

Homes in 11010 have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in 11010 was $722,500 in March 2024, up 9.9% from last year, and the median price per square foot was $467.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $543.7K$567.5K
+4.4%
3 $616.5K$676.2K
+9.7%
4 $675K$720K
+6.7%
5+ $840K$868K
+3.3%

Summary: 11010 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 4.4%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 3.3%.

Median Sold Price Compared To Nearby Zip Codes

11010
+9.9%
11580
+3.8%
11552
+1.6%
11003
-1.6%
11565
-5.2%

Housing Supply in 11010, NY

How many homes are available in 11010, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5554-1.8%

Summary: The 11010 real estate market had 54 homes for sale in March 2024, a 1.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1415
+7.1%
4 2824
-14.3%
5+ 1112
+9.1%

Summary: The 11010 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 50%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
136-53.8%

Asking Price vs. Sold Price

5 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 11010, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 11010 in March 2024, down by 53.8% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for 11010, NY

How long does it take to sell a home in 11010, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
72 Days63 Days-13.1%

Summary: Homes in 11010 had an average of 63 days on market in Mar 2024, down by 13.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 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 11010 has remained consistent over time.

Summary: During March 2024, 6 homes were sold in 11010; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 30 Days Ago

Newest Listings in 11010, NY

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