Is 12205, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 12205 has remained a Seller's Market.
Housing Prices in 12205, NY
How much do homes in 12205, NY cost?
Median Sold Price
$293,500
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 12205 was $293,500 in April 2024, up 6.7% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $207K | $206.4K | -0.3% |
3 Bedrooms | $275K | $293K | +6.5% |
4 Bedrooms | $328.7K | $333K | +1.3% |
5+ Bedrooms | $355.2K | $365K | +2.7% |
Summary: 12205 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 decreased by 0.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Zip Codes
12203 | $262.1K | $288.5K | +10.0% |
12205 | $275K | $293.5K | +6.7% |
12211 | $390K | $414.9K | +6.4% |
12110 | $363.1K | $375.5K | +3.4% |
12206 | $177.5K | $155K | -12.7% |
Housing Supply in 12205, NY
How many homes are available in 12205, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 56 | -9.7% |
Summary: The 12205 real estate market had 56 homes for sale in April 2024, a 9.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 28 | 23 | -17.9% |
4 Bedrooms | 19 | 18 | -5.3% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 12205 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 9.1%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 12205 in April 2024, up by 5.9% month-over-month. Of the 18 sold homes, 11% were sold under asking, 33% were sold at asking, and 56% were sold over asking.
Days on Market for 12205, NY
How long does it take to sell a home in 12205, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 21 Days | -3.6% |
Summary: Homes in 12205 had an average of 21 days on market in Apr 2024, down by 3.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in 12205; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.