Is 11434, 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, 11434 has remained a Buyer's Market.
Housing Prices in 11434, NY
How much do homes in 11434, NY cost?
Median Sold Price
$660,000
$428/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11434 was $660,000 in April 2024, down 2.2% from last year, and the median price per square foot was $428.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $160K | -8.6% |
2 Bedrooms | $525K | $490K | -6.7% |
3 Bedrooms | $620K | $582.5K | -6.0% |
4 Bedrooms | $690K | $684.5K | -0.8% |
5+ Bedrooms | $910K | $920K | +1.1% |
Summary: 11434 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 1.1%.
Housing Supply in 11434, NY
How many homes are available in 11434, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
202 | 220 | +8.9% |
Summary: The 11434 real estate market had 220 homes for sale in April 2024, a 8.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 7 | 0.0% |
2 Bedrooms | 15 | 17 | +13.3% |
3 Bedrooms | 71 | 76 | +7.0% |
4 Bedrooms | 39 | 40 | +2.6% |
5+ Bedrooms | 70 | 80 | +14.3% |
Summary: The 11434 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 increased by 13.3%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 20 | +53.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 11434 in April 2024, up by 53.8% month-over-month. Of the 20 sold homes, 55% were sold under asking, 25% were sold at asking, and 20% were sold over asking.
Days on Market for 11434, NY
How long does it take to sell a home in 11434, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
87 Days | 151 Days | +72.7% |
Summary: Homes in 11434 had an average of 151 days on market in Apr 2024, up by 72.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in 11434; 25% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.