Is 12020, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 12020 has remained a Seller's Market.
Housing Prices in 12020, NY
How much do homes in 12020, NY cost?
Median Sold Price
$361,512
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 12020 was $361,512 in April 2024, up 5.4% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $305K | - | N/A |
2 Bedrooms | $267K | $280K | +4.9% |
3 Bedrooms | $350K | $369.2K | +5.5% |
4 Bedrooms | $430K | $472.5K | +9.9% |
5+ Bedrooms | $360K | $450K | +25.0% |
Summary: 12020 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 25%.
Median Sold Price Compared To Nearby Zip Codes
12866 | $520K | $591.6K | +13.8% |
12019 | $410K | $446K | +8.8% |
12020 | $343K | $361.5K | +5.4% |
12027 | $410K | $352.5K | -14.0% |
Housing Supply in 12020, NY
How many homes are available in 12020, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 82 | -18.0% |
Summary: The 12020 real estate market had 82 homes for sale in April 2024, a 18.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 8 | -46.7% |
3 Bedrooms | 58 | 42 | -27.6% |
4 Bedrooms | 21 | 25 | +19.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 12020 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 46.7%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 24 | -17.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 12020 in April 2024, down by 17.2% month-over-month. Of the 24 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.
Days on Market for 12020, NY
How long does it take to sell a home in 12020, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 23 Days | +14.7% |
Summary: Homes in 12020 had an average of 23 days on market in Apr 2024, up by 14.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in 12020; 79% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.