Is 11426, 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, 11426 has remained a Buyer's Market.
Housing Prices in 11426, NY
How much do homes in 11426, NY cost?
Median Sold Price
$697,000
$480/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11426 was $697,000 in April 2024, down 0.7% from last year, and the median price per square foot was $480.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $246.2K | +2.6% |
2 Bedrooms | $355K | $399K | +12.4% |
3 Bedrooms | $710K | $710K | 0.0% |
4 Bedrooms | $815K | $821K | +0.7% |
5+ Bedrooms | $957.5K | $1.0M | +14.8% |
Summary: 11426 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 12.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 14.8%.
Housing Supply in 11426, NY
How many homes are available in 11426, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
77 | 82 | +6.5% |
Summary: The 11426 real estate market had 82 homes for sale in April 2024, a 6.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 14 | 0.0% |
2 Bedrooms | 18 | 15 | -16.7% |
3 Bedrooms | 21 | 25 | +19.0% |
4 Bedrooms | 17 | 21 | +23.5% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 11426 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 11426 in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for 11426, NY
How long does it take to sell a home in 11426, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
103 Days | 88 Days | -14.4% |
Summary: Homes in 11426 had an average of 88 days on market in Apr 2024, down by 14.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 11426; 29% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.