11101 Home Values & Market Trends
There are 9 homes currently listed for 11101. 11101 real estate market trends show that home prices range from $649,999 to $1,688,000, and the median sales price in the 11101 zip code is $1,201,689.7. The total number of properties sold within the past twelve months is 578. In 11101, 13 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
Housing Market Summary for 11101
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $1M | $1.2M | 14.15% |
Median Sold Price | $1.1M | $1.2M | 7.41% |
Homes For Sale | 18 | 10 | -44.44% |
Homes Sold | 149 | 211 | 41.61% |
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
Explore recent offers and recently sold homes in 11101
Browse Homes in 11101
The median list price of a home in Long Island City, is $1,201,689.7. A total of 9 properties are for sale, and the percentage of properties for sale in the zip code is 9.00%. The total count of 11101 properties is 5,720.
- Pre-ForeclosurePre-foreclosure homes account for 0.21% of all residential properties in 11101 with long island city containing 119 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 11101; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,383,771 in long island city to the lowest home value of $322,377 in long island city.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 11101 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 11101. There is 1 cities within 11101; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslong island city has 3 auction properties, the highest number of properties going to auction in a single city in the state of 11101. Auction homes and other auction properties account for 0.02% of all properties in 11101. There is 1 cities within 11101; of that cities, the median estimated home value for homes going to auction ranges from $1,543,649 in long island city to the lowest value of $1,473,000 in long island city.
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Guide for 11101
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