Is 12077, 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, 12077 has remained a Seller's Market.
Housing Prices in 12077, NY
How much do homes in 12077, NY cost?
Median Sold Price
$371,250
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 12077 was $371,250 in April 2024, down 3.6% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $195.9K | N/A |
2 Bedrooms | $292K | $317.2K | +8.6% |
3 Bedrooms | $368.1K | $392.8K | +6.7% |
4 Bedrooms | $470K | $470K | 0.0% |
5+ Bedrooms | $459.9K | $505K | +9.8% |
Summary: 12077 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 8.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 9.8%.
Median Sold Price Compared To Nearby Zip Codes
12054 | $340K | $410K | +20.6% |
12158 | $271K | $305K | +12.5% |
12209 | $215K | $237.5K | +10.5% |
12202 | $187K | $192.5K | +2.9% |
12077 | $385K | $371.2K | -3.6% |
Housing Supply in 12077, NY
How many homes are available in 12077, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 14 | -17.6% |
Summary: The 12077 real estate market had 14 homes for sale in April 2024, a 17.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 5 | 3 | -40.0% |
4 Bedrooms | 7 | 3 | -57.1% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 12077 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 increased by 20%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 12077 in April 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for 12077, NY
How long does it take to sell a home in 12077, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
8 Days | 24 Days | +192.7% |
Summary: Homes in 12077 had an average of 24 days on market in Apr 2024, up by 192.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in 12077; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.