10462 Housing Market Report January 2025•Bronx County, New York

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Housing Prices in 10462, NY

How much do homes in 10462, NY cost?

Housing Market Conditions

Is 10462, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

10462 is a Neutral Market

Difference Since January 2024

At the same time last year, 10462 was a Buyer's Market.

Insight

10462 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

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$255,000$322/SqFt
+$15,000
+6.3%

Based on all homes sold in the last 12 months

Insight

Homes in 10462 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 10462 was $255,000 in January 2025, up 6.3% from last year, and the median price per square foot was $322.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
10462
+6.3%
10473
-3.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$182K$208K
+14.3%
2$247.5K$270K
+9.1%
3$575K$327.5K
-43.0%
4$733.5K$880K
+20.0%
5$910K$905K
-0.5%

Summary: 10462 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +14.3%. The home price for 2 bedroom homes increased by +9.1%. The home price for 3 bedroom homes decreased by -43.0%. The home price for 4 bedroom homes increased by +20.0%. The home price for 5 bedroom homes decreased by -0.5%.

Housing supply in 10462, NY

How many homes are available in 10462, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
87Last MonthJan 2025
952 months agoDec 2024
-8.4 %
Change MoMDec – Jan

Summary: The 10462 real estate market had 87 homes for sale in Jan 2025, a 8.4 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
13Last MonthJan 2025
162 months agoDec 2024
-18.8 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
13736
-2.7%
23022
-26.7%
31413
-7.1%
455
0.0%
5911
+22.2%

Summary: 10462 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -2.7%. The inventory for 2 bedroom homes decreased by -26.7%. The inventory for 3 bedroom homes decreased by -7.1%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +22.2%.

Asking Price vs. Sold Price

How much do homes in 10462, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price5 Homes

Under Asking Price7 Homes

Insight

If you're buying a home in 10462, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 10462 in January 2025, down by 18.8% month-over-month. Of the 13 sold homes, 54% were sold under asking, 38% were sold at asking, and and 8% were sold over asking.

Days on Market for 10462, NY

How long does it take to sell a home in 10462, NY?

Breakdown of Home Sale Times

Under 30 Days8 Homes

30 – 90 Days1 Home

Over 90 Days3 Homes

Insight

Many homes in 10462 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 13 homes were sold in 10462; 62% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
46 DaysThis YearJan 2025
54 Days1 year agoJan 2024
-15.7 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 10462 had an average listing age of 46 days in Jan 2025, down by 15.7% compared to the previous year.

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Newest Listings in 10462, NY

What homes are available in 10462, NY?

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MLS Disclaimers and Copyright

Based on information from OneKey MLS, and Real Estate Board of New York for the period 02/01/2023 - 02/01/2025

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

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Last updated on: 2/5/2025, 10:56:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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.

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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: 2/6/2025, 5:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.