Is 11249, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 11249 has remained a Buyer's Market.
Key Takeaway
11249 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11249, NY
How much do homes in 11249, NY cost?
Median Sold Price
$1,525,000
$1,459/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 11249 have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in 11249 was $1,525,000 in April 2024, up 5.5% from last year, and the median price per square foot was $1,459.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.1M | $1.0M | -7.6% |
| 2 Bedrooms | $1.5M | $1.5M | +6.5% |
| 3 Bedrooms | $2.5M | $2.1M | -16.2% |
| 4 Bedrooms | $3.5M | $2.9M | -17.4% |
| 5+ Bedrooms | $4.7M | $3.3M | -28.4% |
Summary: 11249 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes decreased by 28.4%.
Housing Supply in 11249, NY
How many homes are available in 11249, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 56 | 59 | +5.4% |
Summary: The 11249 real estate market had 59 homes for sale in April 2024, a 5.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 15 | -6.3% |
| 2 Bedrooms | 22 | 29 | +31.8% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 11249 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 31.8%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11249, expect to pay close to the asking price. 87.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in 11249 in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 0% were sold under asking, 88% were sold at asking, and 13% were sold over asking.
Days on Market for 11249, NY
We’re sorry, we don't have information for this market at the moment
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