Is 12168, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12168 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 12168 has remained a Seller's Market.

Key Takeaway

12168 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12168, NY

How much do homes in 12168, NY cost?

Median Sold Price

$213,500

$161/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$98,500(-31.6%)

Key Takeaway

Homes in 12168 have sold for 31.6% less than they did a month ago.

Summary: The median home sold price in 12168 was $213,500 in April 2024, down 31.6% from last month, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $232.5K$150K
-35.5%
3 -$277K
N/A
4 $312K-
N/A
5+ --
N/A

Summary: 12168 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 12168, NY

How many homes are available in 12168, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
880.0%

Summary: The 12168 real estate market had 8 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 24
+100.0%
4 21
-50.0%
5+ 12
+100.0%

Summary: The 12168 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 66.7%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12168, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 12168 in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 12168, NY

How long does it take to sell a home in 12168, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
61 Days96 Days+57.4%

Summary: Homes in 12168 had an average of 96 days on market in Apr 2024, up by 57.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12168 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 12168; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

Newest Listings in 12168, NY

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