Is 11596, 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, 11596 has remained a Buyer's Market.
Housing Prices in 11596, NY
How much do homes in 11596, NY cost?
Median Sold Price
$888,000
$499/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11596 was $888,000 in April 2024, up 10.3% from last year, and the median price per square foot was $499.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $419K | - | N/A |
2 Bedrooms | $543.2K | - | N/A |
3 Bedrooms | $724K | $825K | +14.0% |
4 Bedrooms | $895K | $907.5K | +1.4% |
5+ Bedrooms | $925K | $1.1M | +24.3% |
Summary: 11596 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 24.3%.
Housing Supply in 11596, NY
How many homes are available in 11596, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 25 | +19.0% |
Summary: The 11596 real estate market had 25 homes for sale in April 2024, a 19.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 11596 housing inventory by bedroom type for April 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 12.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 11596 in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 11596, NY
How long does it take to sell a home in 11596, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 68 Days | +78.7% |
Summary: Homes in 11596 had an average of 68 days on market in Apr 2024, up by 78.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in 11596; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.