Is 12183, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12183 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 12183 was a Buyer's Market.

Key Takeaway

12183 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12183, NY

How much do homes in 12183, NY cost?

Median Sold Price

$180,000

$98/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$1,720(+1.0%)

Key Takeaway

Homes in 12183 have sold for 1% more than they did a year ago.

Summary: The median home sold price in 12183 was $180,000 in April 2024, up 1% from last year, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $156K$212.5K
+36.2%
3 $70K$107K
+52.9%
4 $152.5K$215K
+41.0%
5+ $215K$180K
-16.3%

Summary: 12183 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 36.2%, 3 bedroom homes increased by 52.9%, 4 bedroom homes increased by 41%, and 5+ bedroom homes decreased by 16.3%.

Median Sold Price Compared To Nearby Zip Codes

12180
+10.8%
12047
+4.4%
12183
+1.0%

Housing Supply in 12183, NY

How many homes are available in 12183, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The 12183 real estate market had 5 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 00
0.0%
3 34
+33.3%
4 00
0.0%
5+ 21
-50.0%

Summary: The 12183 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were 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 12183, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 12183 in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 12183, NY

How long does it take to sell a home in 12183, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
31 Days9 Days-71.0%

Summary: Homes in 12183 had an average of 9 days on market in Apr 2024, down by 71% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12183 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 12183; 100% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in 12183, NY

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