Is ZIP 11550, NY 11550 a buyer’s or seller’s market?
ZIP 11550 is a seller’s market. With about 3.1 months of supply and 61% 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 supply3.1Under 4 months = seller’s market
Sold above list61.2%Share of recent sales
Median sale-to-list102.4%Sold price ÷ list price
Median days on market39Listing to accepted offer
Median price per sq ft$460▲ +7.2% vs. last year
Run the numbers for 11550
Nearby markets
ZIP 11001 11001Seller’s market $563 /sq ftZIP 11003 11003Seller’s market $555 /sq ftZIP 11010 11010Seller’s market $609 /sq ftZIP 11020 11020Balanced $750 /sq ft Browse all markets →Market data describes housing activity only.