Is ZIP 11040, NY 11040 a buyer’s or seller’s market?

Seller’s market As of 2026-08-31 · Source: Redfin

ZIP 11040 is a seller’s market. With about 2.6 months of supply and 48% of homes selling above list, expect competing offers on well-priced homes. Buyers here typically need a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.6Under 4 months = seller’s market

Sold above list47.6%Share of recent sales

Median sale-to-list100.3%Sold price ÷ list price

Median days on market24Listing to accepted offer

Median price per sq ft$646▲ +2.9% vs. last year

Run the numbers for 11040

Prefilled for 11040Can I win this house?Multiple-offer likelihood for a listing Coming soonOver-asking calculatorTypical range over list Coming soonOffer strength scoreHow your offer looks to a seller Coming soonAppraisal gapCash needed if it appraises low

Nearby markets

ZIP 11001 11001Seller’s market $563 /sq ft ZIP 11003 11003Seller’s market $555 /sq ft ZIP 11010 11010Seller’s market $609 /sq ft ZIP 11020 11020Balanced $750 /sq ft Browse all markets →

Market data describes housing activity only.