Is 11790, 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, 11790 was a Buyer's Market.
Key Takeaway
11790 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 11790, NY
How much do homes in 11790, NY cost?
Median Sold Price
$650,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 11790 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 11790 was $650,000 in April 2024, up 5.7% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $319.5K | $308K | -3.6% |
| 2 Bedrooms | $435K | $449K | +3.2% |
| 3 Bedrooms | $582.5K | $648K | +11.2% |
| 4 Bedrooms | $650K | $695K | +6.9% |
| 5+ Bedrooms | $685K | $755K | +10.2% |
Summary: 11790 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 10.2%.
Housing Supply in 11790, NY
How many homes are available in 11790, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 62 | 73 | +17.7% |
Summary: The 11790 real estate market had 73 homes for sale in April 2024, a 17.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 28 | 33 | +17.9% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The 11790 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 15 | +150.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11790, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 11790 in April 2024, up by 150.0% month-over-month. Of the 15 sold homes, 47% were sold under asking, 0% were sold at asking, and 53% were sold over asking.
Days on Market for 11790, NY
How long does it take to sell a home in 11790, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 76 Days | +123.2% |
Summary: Homes in 11790 had an average of 76 days on market in Apr 2024, up by 123.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 11790 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in 11790; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.