Is 11751, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 11751 was a Seller's Market.
Housing Prices in 11751, NY
How much do homes in 11751, NY cost?
Median Sold Price
$583,500
$324/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11751 was $583,500 in April 2024, up 14.4% from last year, and the median price per square foot was $324.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $247K | +9.8% |
2 Bedrooms | $369.5K | $330K | -10.7% |
3 Bedrooms | $526.2K | $590K | +12.1% |
4 Bedrooms | $540K | $630K | +16.7% |
5+ Bedrooms | $655K | $657.5K | 0.4% |
Summary: 11751 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 0.4%.
Housing Supply in 11751, NY
How many homes are available in 11751, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 60 | +3.4% |
Summary: The 11751 real estate market had 60 homes for sale in April 2024, a 3.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The 11751 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 11751 in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for 11751, NY
How long does it take to sell a home in 11751, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 19 Days | -60.7% |
Summary: Homes in 11751 had an average of 19 days on market in Apr 2024, down by 60.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in 11751; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.