Is ZIP 11716, NY 11716 a buyer’s or seller’s market?
ZIP 11716 is a seller’s market. With about 1.2 months of supply and 68% 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 supply1.2Under 4 months = seller’s market
Sold above list68.1%Share of recent sales
Median sale-to-list104%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$385▼ −3.5% vs. last year
Run the numbers for 11716
Nearby markets
ZIP 11701 11701Seller’s market $442 /sq ftZIP 11702 11702Seller’s market $455 /sq ftZIP 11703 11703Seller’s market $424 /sq ftZIP 11704 11704Seller’s market $459 /sq ft Browse all markets →Market data describes housing activity only.