Is 11356, 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, 11356 has remained a Buyer's Market.
Housing Prices in 11356, NY
How much do homes in 11356, NY cost?
Median Sold Price
$890,600
$541/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11356 was $890,600 in April 2024, down 1% from last year, and the median price per square foot was $541.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $900K | $759.5K | -15.6% |
2 Bedrooms | $695K | $662.5K | -4.7% |
3 Bedrooms | $789.5K | $764K | -3.2% |
4 Bedrooms | $940.5K | $887.5K | -5.6% |
5+ Bedrooms | $1.1M | $1.1M | +3.1% |
Summary: 11356 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.6%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in 11356, NY
How many homes are available in 11356, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
98 | 111 | +13.3% |
Summary: The 11356 real estate market had 111 homes for sale in April 2024, a 13.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 17 | 19 | +11.8% |
3 Bedrooms | 16 | 19 | +18.8% |
4 Bedrooms | 21 | 19 | -9.5% |
5+ Bedrooms | 40 | 49 | +22.5% |
Summary: The 11356 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 22.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 11356 in April 2024, up by 22.2% month-over-month. Of the 11 sold homes, 91% were sold under asking, 9% were sold at asking, and 0% were sold over asking.
Days on Market for 11356, NY
How long does it take to sell a home in 11356, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
82 Days | 85 Days | +2.9% |
Summary: Homes in 11356 had an average of 85 days on market in Apr 2024, up by 2.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 11356; 27% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.