Is 12010, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12010 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 12010 was a Buyer's Market.

Key Takeaway

12010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12010, NY

How much do homes in 12010, NY cost?

Median Sold Price

$175,550

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$4,890(+2.9%)

Key Takeaway

Homes in 12010 have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in 12010 was $175,550 in April 2024, up 2.9% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $150K-
N/A
2 $176K$190K
+8.0%
3 $209K$206K
-1.4%
4 $252K$170K
-32.5%
5+ $124.3K$150K
+20.7%

Summary: 12010 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 32.5%, and 5+ bedroom homes increased by 20.7%.

Housing Supply in 12010, NY

How many homes are available in 12010, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8682-4.7%

Summary: The 12010 real estate market had 82 homes for sale in April 2024, a 4.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 3124
-22.6%
4 2219
-13.6%
5+ 2731
+14.8%

Summary: The 12010 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 33.3%, 3 bedroom homes decreased by 22.6%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 14.8%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1815-16.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12010, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 12010 in April 2024, down by 16.7% month-over-month. Of the 15 sold homes, 60% were sold under asking, 7% were sold at asking, and 33% were sold over asking.

Days on Market for 12010, NY

How long does it take to sell a home in 12010, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
36 Days47 Days+30.8%

Summary: Homes in 12010 had an average of 47 days on market in Apr 2024, up by 30.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12010 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 15 homes were sold in 12010; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% 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 12 Days Ago

Newest Listings in 12010, NY

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