Is 11934, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11934 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 11934 was a Neutral Market.

Key Takeaway

11934 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 11934, NY

How much do homes in 11934, NY cost?

Median Sold Price

$598,000

$359/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$17,000(-2.8%)

Key Takeaway

Homes in 11934 have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in 11934 was $598,000 in March 2024, down 2.8% from last year, and the median price per square foot was $359.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $472.5K$705K
+49.2%
2 $530K$502.9K
-5.1%
3 $531K$587.4K
+10.6%
4 $697.5K$592K
-15.1%
5+ $783.2K$760K
-3.0%

Summary: 11934 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.2%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Zip Codes

11955
+8.0%
11949
-0.3%
11934
-2.8%

Housing Supply in 11934, NY

How many homes are available in 11934, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
35350.0%

Summary: The 11934 real estate market had 35 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 13
+200.0%
3 1512
-20.0%
4 1110
-9.1%
5+ 79
+28.6%

Summary: The 11934 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 increased by 200%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11934, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 11934 in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for 11934, NY

How long does it take to sell a home in 11934, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
86 Days73 Days-15.6%

Summary: Homes in 11934 had an average of 73 days on market in Mar 2024, down by 15.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 11934 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in 11934; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

Newest Listings in 11934, NY

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