Is 11756, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11756 is a buyer's market

Buyer's
Market

Difference Since February 2022

At the same time last year, 11756 was a Seller's Market.

Key Takeaway

11756 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 11756, NY cost?

Median Sold Price

$600,000

$368/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$50,000(+9.1%)

Key Takeaway

Homes in 11756 have sold for 9.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $265K-
N/A
2 $454.9K$450K
-1.1%
3 $525.8K$560K
+6.5%
4 $543.7K$590K
+8.5%
5+ $625K$680K
+8.8%

Median Sold Price Compared To Nearby Zip Codes

11756
+9.1%
11793
+6.1%
11801
+5.8%
11714
+5.7%
11554
+4.7%

How many homes are available in 11756, NY?

Number of Homes For Sale

Jan 2023Feb 2023%
154153-0.6%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 55
0.0%
3 2828
0.0%
4 7876
-2.6%
5+ 4243
+2.4%

Number of Homes Sold

Jan 2023Feb 2023%
2721-22.2%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11756, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
44 Days76 Days+74.9%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 11756 has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 11756, NY

There are 153 homes are for sale in 11756, NY real estate market. Between January 2023 and February 2023, 11756, NY real estate market has seen decrease in the number of listings by 0.6%. In February 2023, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $600,000. This housing market listing prices have changed between January 2023 and February 2023: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 1.1%, prices of 3 bedrooms properties increased by 6.5%, prices of 4 bedrooms properties went up by 8.5%, the cost of 5 bedrooms properties went up by 8.8%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes did not move, 3 bedrooms homes inventory did not change, 4 bedrooms homes became 2.6% less available, the quantity of 5 bedrooms homes went up by 2.4%. In February 2023 more than 1 listings in 11756, NY were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 18 were sold below.