Is 12090, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12090 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 12090 has remained a Buyer's Market.

Key Takeaway

12090 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12090, NY

How much do homes in 12090, NY cost?

Median Sold Price

$185,000

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$30,000(+19.4%)

Key Takeaway

Homes in 12090 have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in 12090 was $185,000 in March 2024, up 19.4% from last year, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $89.6K-
N/A
2 $130K$126.2K
-2.9%
3 $146K$187.5K
+28.4%
4 $220K$191K
-13.2%
5+ $145K$210K
+44.8%

Summary: 12090 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 28.4%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes increased by 44.8%.

Housing Supply in 12090, NY

How many homes are available in 12090, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2223+4.5%

Summary: The 12090 real estate market had 23 homes for sale in March 2024, a 4.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 88
0.0%
4 87
-12.5%
5+ 46
+50.0%

Summary: The 12090 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12090, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 12090 in March 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 12090, NY

How long does it take to sell a home in 12090, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
112 Days17 Days-84.4%

Summary: Homes in 12090 had an average of 17 days on market in Mar 2024, down by 84.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12090 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in 12090; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

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