Is 11021, 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, 11021 was a Seller's Market.
Housing Prices in 11021, NY
How much do homes in 11021, NY cost?
Median Sold Price
$567,500
$507/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11021 was $567,500 in March 2024, up 2.3% from last year, and the median price per square foot was $507.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $281.2K | $280K | -0.4% |
2 Bedrooms | $512.5K | $497.5K | -2.9% |
3 Bedrooms | $929K | $986K | +6.1% |
4 Bedrooms | $1.3M | $1.5M | +16.4% |
5+ Bedrooms | $1.7M | $1.7M | +3.3% |
Summary: 11021 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 3.3%.
Housing Supply in 11021, NY
How many homes are available in 11021, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
128 | 136 | +6.3% |
Summary: The 11021 real estate market had 136 homes for sale in March 2024, a 6.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 47 | 51 | +8.5% |
2 Bedrooms | 40 | 44 | +10.0% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The 11021 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.5%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 11021 in March 2024, up by 6.3% month-over-month. Of the 17 sold homes, 76% were sold under asking, 6% were sold at asking, and 18% were sold over asking.
Days on Market for 11021, NY
How long does it take to sell a home in 11021, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
82 Days | 93 Days | +12.2% |
Summary: Homes in 11021 had an average of 93 days on market in Mar 2024, up by 12.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 11021; 41% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.