Is 12209, 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, 12209 has remained a Seller's Market.
Housing Prices in 12209, NY
How much do homes in 12209, NY cost?
Median Sold Price
$237,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 12209 was $237,500 in April 2024, up 10.5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $215K | $201.7K | -6.2% |
3 Bedrooms | $199.9K | $225K | +12.6% |
4 Bedrooms | $230K | $299K | +30.0% |
5+ Bedrooms | $240K | $260K | +8.3% |
Summary: 12209 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 6.2%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Zip Codes
12054 | $340K | $410K | +20.6% |
12208 | $254.9K | $284K | +11.4% |
12209 | $215K | $237.5K | +10.5% |
12202 | $187K | $192.5K | +2.9% |
12077 | $385K | $371.2K | -3.6% |
Housing Supply in 12209, NY
How many homes are available in 12209, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 32 | -11.1% |
Summary: The 12209 real estate market had 32 homes for sale in April 2024, a 11.1% 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 | 2 | 4 | +100.0% |
3 Bedrooms | 16 | 12 | -25.0% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 12209 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 increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 12209 in April 2024, down by 20.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 12209, NY
How long does it take to sell a home in 12209, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 61 Days | +117.9% |
Summary: Homes in 12209 had an average of 61 days on market in Apr 2024, up by 117.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in 12209; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.