Is 11776, 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, 11776 was a Seller's Market.
Housing Prices in 11776, NY
How much do homes in 11776, NY cost?
Median Sold Price
$505,000
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11776 was $505,000 in April 2024, up 3.1% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $208.2K | $213.5K | +2.5% |
2 Bedrooms | $375K | $350K | -6.7% |
3 Bedrooms | $469.5K | $487.5K | +3.8% |
4 Bedrooms | $550K | $575K | +4.5% |
5+ Bedrooms | $555K | $642.5K | +15.8% |
Summary: 11776 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 15.8%.
Housing Supply in 11776, NY
How many homes are available in 11776, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
91 | 100 | +9.9% |
Summary: The 11776 real estate market had 100 homes for sale in April 2024, a 9.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 11 | +57.1% |
2 Bedrooms | 20 | 15 | -25.0% |
3 Bedrooms | 22 | 27 | +22.7% |
4 Bedrooms | 31 | 31 | 0.0% |
5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The 11776 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.1%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 22.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 11 | -42.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 11776 in April 2024, down by 42.1% month-over-month. Of the 11 sold homes, 55% were sold under asking, 0% were sold at asking, and 45% were sold over asking.
Days on Market for 11776, NY
How long does it take to sell a home in 11776, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 99 Days | +45.1% |
Summary: Homes in 11776 had an average of 99 days on market in Apr 2024, up by 45.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 11776; 64% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.