Is 12189, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 12189 has remained a Seller's Market.
Housing Prices in 12189, NY
How much do homes in 12189, NY cost?
Median Sold Price
$227,450
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12189 was $227,450 in March 2024, up 3.4% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | - | N/A |
2 Bedrooms | $170K | $189.9K | +11.7% |
3 Bedrooms | $235K | $235K | 0.0% |
4 Bedrooms | $250K | $241K | -3.6% |
5+ Bedrooms | $234.9K | $240.5K | +2.4% |
Summary: 12189 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 increased by 11.7%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Zip Codes
12110 | $360.6K | $375.5K | +4.1% |
12047 | $250K | $260K | +4.0% |
12189 | $220K | $227.4K | +3.4% |
12183 | $175K | $180K | +2.9% |
12211 | $415K | $403K | -2.9% |
Housing Supply in 12189, NY
How many homes are available in 12189, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 27 | +8.0% |
Summary: The 12189 real estate market had 27 homes for sale in March 2024, a 8.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The 12189 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 increased by 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 12189 in March 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.
Days on Market for 12189, NY
How long does it take to sell a home in 12189, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 33 Days | +3.7% |
Summary: Homes in 12189 had an average of 33 days on market in Mar 2024, up by 3.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 12189; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.