Is ZIP 11940, NY 11940 a buyer’s or seller’s market?

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

ZIP 11940 is a seller’s market. With about 2.8 months of supply and 44% 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 supply2.8Under 4 months = seller’s market

Sold above list43.7%Share of recent sales

Median sale-to-list100.5%Sold price ÷ list price

Median days on market48Listing to accepted offer

Median price per sq ft$432▼ −3.2% vs. last year

Run the numbers for 11940

Prefilled for 11940Can 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 11701 11701Seller’s market $442 /sq ft ZIP 11702 11702Seller’s market $455 /sq ft ZIP 11703 11703Seller’s market $424 /sq ft ZIP 11704 11704Seller’s market $459 /sq ft Browse all markets →

Market data describes housing activity only.