#RLS11030623, Nicholas Dorr-Hanss, Listing Office: Douglas Elliman Real Estate
10038 Housing Market Report December 2024•New York County, New York
Housing Prices in 10038, NY
How much do homes in 10038, NY cost?
Housing Market Conditions
Is 10038, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
10038 is a Neutral Market
Difference Since November 2024
Last month, 10038 was a Buyer's Market.
10038 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in December 2024
Homes in 10038 have sold for 11.3% less than they did a month ago.
Summary: The median home sold price in 10038 was $842,500 in December 2024, down 11.3% from last month, and the median price per square foot was $1,228.
Median Sold Price By City
City | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
10002 | $1.2M | $1.3M | +14.1% |
10038 | $950K | $842.5K | -11.3% |
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
22 Bedrooms | $950K | $1.1M | +18.9% |
33 Bedrooms | $5.1M | - | N/A |
44 Bedrooms | - | - | N/A |
55+ Bedrooms | - | - | N/A |
11 Bedroom | $680K | $795K | +16.9% |
Summary: 10038 housing price by bedroom type for December 2024, compared to the previous month. The home price for 2 bedroom homes increased by +18.9%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change. The home price for 1 bedroom homes increased by +16.9%.
Housing supply in 10038, NY
How many homes are available in 10038, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
56Last MonthDec 2024 | ||
652 months agoNov 2024 | -13.8 % Change MoMNov – Dec |
Summary: The 10038 real estate market had 56 homes for sale in Dec 2024, a 13.8 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
8Last MonthDec 2024 | ||
52 months agoNov 2024 | +60.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
22 Bedrooms | 25 | 22 | -12.0% |
33 Bedrooms | 10 | 7 | -30.0% |
44 Bedrooms | 2 | 3 | +50.0% |
55+ Bedrooms | 3 | 3 | 0.0% |
11 Bedroom | 25 | 21 | -16.0% |
Summary: 10038 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes decreased by -12.0%. The inventory for 3 bedroom homes decreased by -30.0%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes decreased by -16.0%.
Asking Price vs. Sold Price
How much do homes in 10038, NY cost?
Over Asking Price1 Home
At Asking Price4 Homes
Under Asking Price3 Homes
If you're buying a home in 10038, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in 10038 in December 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and and 13% were sold over asking.
Days on Market for 10038, NY
How long does it take to sell a home in 10038, NY?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Most homes in 10038 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 8 homes were sold in 10038; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
221 DaysLast MonthDec 2024 | ||
0 Days1 month agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: Homes in 10038 had an average listing age of 221 days in Dec 2024, down by .0% compared to the previous month.
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Newest Listings in 10038, NY
What homes are available in 10038, NY?
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MLS Disclaimers and Copyright
Based on information from Real Estate Board of New York, and OneKey MLS for the period 11/01/2024 - 01/01/2025
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/31/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/31/2025, 3:11:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.