Is 11769, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11769 is a buyer's market

Buyer's
Market

Difference Since February 2022

At the same time last year, 11769 was a Seller's Market.

Key Takeaway

11769 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 11769, NY cost?

Median Sold Price

$537,000

$282/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$17,000(+3.3%)

Key Takeaway

Homes in 11769 have sold for 3.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $225K$243.5K
+8.2%
2 $411K$415K
+1.0%
3 $552.5K$575K
+4.1%
4 $615K$632.5K
+2.8%
5+ $660K$739K
+12.0%

Median Sold Price Compared To Nearby Zip Codes

11782
+10.8%
11769
+3.3%

How many homes are available in 11769, NY?

Number of Homes For Sale

Jan 2023Feb 2023%
3530-14.3%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 31
-66.7%
2 34
+33.3%
3 88
0.0%
4 1513
-13.3%
5+ 64
-33.3%

Number of Homes Sold

Jan 2023Feb 2023%
101-90.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11769, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
71 Days65 Days-9.6%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 11769 has remained consistent over time.

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

About 11769, NY

11769, NY has 30 homes on the market. In February 2023 in 11769, NY there were 14.3% less homes for sale than in January 2023. Listings spent 65 days on the market in February 2023, and had a median list price of $537,000 during the same period. This housing market listing prices have changed between January 2023 and February 2023: prices of 1 bedroom properties went up by 8.2%, prices of 2 bedrooms properties increased by 1%, prices of 3 bedrooms properties increased by 4.1%, 4 bedrooms properties became 2.8% more expensive, prices of 5 bedrooms properties went up by 12%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went down by 66.7%, volume of 2 bedrooms homes went up by 33.3%, 3 bedrooms homes inventory did not change, volume of 4 bedrooms homes went down by 13.3%, 5 bedrooms homes became 33.3% less available. Over 0 listings were sold over their listed price in February 2023 in 11769, NY. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.