Is 11554, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 11554 has remained a Neutral Market.
Housing Prices in 11554, NY
How much do homes in 11554, NY cost?
Median Sold Price
$680,000
$442/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11554 was $680,000 in March 2024, up 3% from last year, and the median price per square foot was $442.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $554K | $538K | -2.9% |
3 Bedrooms | $650K | $690K | +6.2% |
4 Bedrooms | $691.5K | $700.5K | +1.3% |
5+ Bedrooms | $782.5K | $799.9K | +2.2% |
Summary: 11554 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 2.2%.
Housing Supply in 11554, NY
How many homes are available in 11554, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
102 | 104 | +2.0% |
Summary: The 11554 real estate market had 104 homes for sale in March 2024, a 2.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 11 | 11 | 0.0% |
3 Bedrooms | 34 | 38 | +11.8% |
4 Bedrooms | 37 | 36 | -2.7% |
5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The 11554 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 16 | -27.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 11554 in March 2024, down by 27.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 0% were sold at asking, and 69% were sold over asking.
Days on Market for 11554, NY
How long does it take to sell a home in 11554, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 52 Days | -4.9% |
Summary: Homes in 11554 had an average of 52 days on market in Mar 2024, down by 4.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 11554; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.