Is Tudor City, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tudor City is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Tudor City is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Tudor City, NY

How much do homes in Tudor City, NY cost?

Median Sold Price

$530,000

$824/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$38,500(-6.8%)

Key Takeaway

Homes in Tudor City have sold for 6.8% less than they did a year ago.

Summary: The median home sold price in Tudor City was $530,000 in March 2024, down 6.8% from last year, and the median price per square foot was $824.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $495K$503.7K
+1.8%
2 $935K$881.2K
-5.7%
3 $1.9M-
N/A
4 --
N/A
5+ $4.1M-
N/A

Summary: Tudor City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Midtown East
+3.9%
Turtle Bay
0%
Murray Hill
-0.6%
Midtown Manhattan
-4.6%
Tudor City
-6.8%

Housing Supply in Tudor City, NY

How many homes are available in Tudor City, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3534-2.9%

Summary: The Tudor City real estate market had 34 homes for sale in March 2024, a 2.9% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 2421
-12.5%
2 910
+11.1%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Tudor City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tudor City, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Tudor City in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.

Days on Market for Tudor City, NY

We’re sorry, we don't have information for this market at the moment

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

Report Updated 30 Days Ago

Newest Listings in Tudor City, NY

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