Is 12202, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 12202 was a Buyer's Market.
Housing Prices in 12202, NY
How much do homes in 12202, NY cost?
Median Sold Price
$192,500
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 12202 was $192,500 in April 2024, up 2.9% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $52.5K | $79K | +50.5% |
2 Bedrooms | $187.5K | $185K | -1.3% |
3 Bedrooms | $186.5K | $171.5K | -8.0% |
4 Bedrooms | $151.5K | $205K | +35.3% |
5+ Bedrooms | $206K | $215K | +4.4% |
Summary: 12202 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.5%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 4.4%.
Median Sold Price Compared To Nearby Zip Codes
12210 | $250K | $282.5K | +13.0% |
12208 | $254.9K | $284K | +11.4% |
12209 | $215K | $237.5K | +10.5% |
12202 | $187K | $192.5K | +2.9% |
Housing Supply in 12202, NY
How many homes are available in 12202, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 43 | -4.4% |
Summary: The 12202 real estate market had 43 homes for sale in April 2024, a 4.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 22 | 22 | 0.0% |
Summary: The 12202 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 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 12202 in April 2024, the same as the previous month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for 12202, NY
How long does it take to sell a home in 12202, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 29 Days | +149.1% |
Summary: Homes in 12202 had an average of 29 days on market in Apr 2024, up by 149.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in 12202; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.