Is 12211, 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, 12211 has remained a Seller's Market.
Housing Prices in 12211, NY
How much do homes in 12211, NY cost?
Median Sold Price
$414,950
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 12211 was $414,950 in April 2024, up 6.4% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $479K | - | N/A |
2 Bedrooms | $382.3K | $292.5K | -23.5% |
3 Bedrooms | $340K | $375K | +10.3% |
4 Bedrooms | $432.5K | $432.5K | 0.0% |
5+ Bedrooms | $669.6K | $960K | +43.4% |
Summary: 12211 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 23.5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 43.4%.
Median Sold Price Compared To Nearby Zip Codes
12210 | $250K | $282.5K | +13.0% |
12189 | $220K | $235K | +6.8% |
12205 | $275K | $293.5K | +6.7% |
12211 | $390K | $414.9K | +6.4% |
12204 | $307.5K | $295K | -4.1% |
Housing Supply in 12211, NY
How many homes are available in 12211, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 31 | +3.3% |
Summary: The 12211 real estate market had 31 homes for sale in April 2024, a 3.3% increase 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 | 1 | 1 | 0.0% |
3 Bedrooms | 17 | 16 | -5.9% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 12211 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 decreased by 5.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 12211 in April 2024, up by 22.2% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for 12211, NY
How long does it take to sell a home in 12211, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 35 Days | +72.1% |
Summary: Homes in 12211 had an average of 35 days on market in Apr 2024, up by 72.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 12211; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.