Is 11968, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 11968 has remained a Buyer's Market.
Key Takeaway
11968 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11968, NY
How much do homes in 11968, NY cost?
Median Sold Price
$1,410,000
$711/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 11968 have sold for 14.5% less than they did a year ago.
Summary: The median home sold price in 11968 was $1,410,000 in April 2024, down 14.5% from last year, and the median price per square foot was $711.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $750K | +114.3% |
| 2 Bedrooms | $975K | $887.5K | -9.0% |
| 3 Bedrooms | $1.2M | $1.1M | -6.2% |
| 4 Bedrooms | $2.1M | $1.4M | -32.4% |
| 5+ Bedrooms | $4.2M | $4.3M | +3.7% |
Summary: 11968 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 114.3%, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 32.4%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Zip Codes
| 11946 | $790K | $826.5K | +4.6% |
| 11968 | $1.6M | $1.4M | -14.5% |
Housing Supply in 11968, NY
How many homes are available in 11968, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 82 | 97 | +18.3% |
Summary: The 11968 real estate market had 97 homes for sale in April 2024, a 18.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 17 | 22 | +29.4% |
| 4 Bedrooms | 26 | 31 | +19.2% |
| 5+ Bedrooms | 33 | 37 | +12.1% |
Summary: The 11968 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 12.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11968, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 11968 in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 11968, NY
How long does it take to sell a home in 11968, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 157 Days | 154 Days | -2.2% |
Summary: Homes in 11968 had an average of 154 days on market in Apr 2024, down by 2.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 11968 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 3 homes were sold in 11968; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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. 
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally