Is 11756, 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, 11756 has remained a Seller's Market.
Housing Prices in 11756, NY
How much do homes in 11756, NY cost?
Median Sold Price
$615,000
$387/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11756 was $615,000 in March 2024, up 3.2% from last year, and the median price per square foot was $387.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $427.5K | +61.3% |
2 Bedrooms | $435K | $440K | +1.1% |
3 Bedrooms | $560K | $585K | +4.5% |
4 Bedrooms | $586K | $603K | +2.9% |
5+ Bedrooms | $666K | $729.5K | +9.5% |
Summary: 11756 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.3%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 9.5%.
Housing Supply in 11756, NY
How many homes are available in 11756, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
127 | 137 | +7.9% |
Summary: The 11756 real estate market had 137 homes for sale in March 2024, a 7.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 30 | 30 | 0.0% |
4 Bedrooms | 55 | 63 | +14.5% |
5+ Bedrooms | 41 | 43 | +4.9% |
Summary: The 11756 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 4.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 32 | +60.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 11756 in March 2024, up by 60.0% month-over-month. Of the 32 sold homes, 53% were sold under asking, 9% were sold at asking, and 38% were sold over asking.
Days on Market for 11756, NY
How long does it take to sell a home in 11756, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 48 Days | +6.1% |
Summary: Homes in 11756 had an average of 48 days on market in Mar 2024, up by 6.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 32 homes were sold in 11756; 47% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.