Is 11358, 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, 11358 has remained a Buyer's Market.
Housing Prices in 11358, NY
How much do homes in 11358, NY cost?
Median Sold Price
$988,000
$602/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11358 was $988,000 in April 2024, down 0.8% from last year, and the median price per square foot was $602.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $269.5K | $257.5K | -4.5% |
2 Bedrooms | $573K | $540K | -5.8% |
3 Bedrooms | $980K | $965K | -1.5% |
4 Bedrooms | $1.1M | $1.0M | -8.9% |
5+ Bedrooms | $1.3M | $1.3M | -1.7% |
Summary: 11358 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.5%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes decreased by 1.7%.
Housing Supply in 11358, NY
How many homes are available in 11358, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
148 | 162 | +9.5% |
Summary: The 11358 real estate market had 162 homes for sale in April 2024, a 9.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 20 | 22 | +10.0% |
2 Bedrooms | 27 | 30 | +11.1% |
3 Bedrooms | 37 | 43 | +16.2% |
4 Bedrooms | 25 | 24 | -4.0% |
5+ Bedrooms | 39 | 43 | +10.3% |
Summary: The 11358 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 16.2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 13 | -40.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 11358 in April 2024, down by 40.9% month-over-month. Of the 13 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% were sold over asking.
Days on Market for 11358, NY
How long does it take to sell a home in 11358, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
134 Days | 77 Days | -42.6% |
Summary: Homes in 11358 had an average of 77 days on market in Apr 2024, down by 42.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in 11358; 46% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.