11003 Home Values & Market Trends
There are 65 homes currently listed for 11003. 11003 real estate market trends show that home prices range from $350,000 to $1,199,000, and the median sales price in the 11003 zip code is $641,143.31. The total number of properties sold within the past twelve months is 278. In 11003, 328 properties are in foreclosure, 12 are bank owned properties,and 14 are headed for auction.
Housing Market Summary for 11003
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $665K | $642.5K | -3.38% |
Median Sold Price | $624.6K | $642.5K | 2.87% |
Homes For Sale | 45 | 44 | -2.22% |
Homes Sold | 221 | 213 | -3.62% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in 11003
The median list price of a home in Elmont, is $641,143.31. A total of 65 properties are for sale, and the percentage of properties for sale in the zip code is 65.00%. The total count of 11003 properties is 9,636.
- Pre-ForeclosurePre-foreclosure homes account for 3.13% of all residential properties in 11003 with elmont containing 300 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 11003; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,247,073 in elmont to the lowest home value of $350,000 in elmont.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 11003 ranges from the highest value of $899,999 in elmont to the lowest value of $507,621 in elmont. Bank owned homes and properties account for 0.12% of properties in 11003. There is 1 cities within 11003; elmont containing 12 REO properties, has the highest number of bank owned properties in a single city.
- Auctionselmont has 14 auction properties, the highest number of properties going to auction in a single city in the state of 11003. Auction homes and other auction properties account for 0.15% of all properties in 11003. There is 1 cities within 11003; of that cities, the median estimated home value for homes going to auction ranges from $932,800 in elmont to the lowest value of $531,252 in elmont.
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Guide for 11003
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.
An increase is house prices but a slowdown of homes sold in September
With more people working from home, there's an of excess office spaces. Older buildings may be up for apartment conversions especially with proposed tax breaks