Is 11420, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
Since last year, 11420 has remained a Buyer's Market.
Key Takeaway
11420 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in 11420, NY cost?
Median Sold Price
$693,500
$501/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
+$8,500(+1.2%)
Key Takeaway
Homes in 11420 have sold for 1.2% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | $325K | N/A |
| 2 Bedrooms | $460K | $553K | +20.2% |
| 3 Bedrooms | $652.5K | $670K | +2.7% |
| 4 Bedrooms | $750K | $805K | +7.3% |
| 5+ Bedrooms | $900K | $994K | +10.4% |
How many homes are available in 11420, NY?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 129 | 134 | +3.9% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 51 | 51 | 0.0% |
| 4 Bedrooms | 32 | 34 | +6.3% |
| 5+ Bedrooms | 30 | 33 | +10.0% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11420, you may be able to get a good deal. 90% of homes here sold below asking price last month.
Average Sale Time
| Dec 2021 | Dec 2022 | % |
|---|---|---|
| 93 Days | 73 Days | -21.6% |
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 11420 are taking a long time to sell, it's a good idea to negotiate on homes here.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
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