Is 12211, 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, 12211 has remained a Seller's Market.
Housing Prices in 12211, NY
How much do homes in 12211, NY cost?
Median Sold Price
$403,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12211 was $403,000 in March 2024, down 2.9% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $479K | - | N/A |
2 Bedrooms | $465.4K | $272.5K | -41.5% |
3 Bedrooms | $350K | $362.5K | +3.6% |
4 Bedrooms | $458.2K | $435K | -5.1% |
5+ Bedrooms | $639.8K | $947.5K | +48.1% |
Summary: 12211 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 decreased by 41.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 48.1%.
Median Sold Price Compared To Nearby Zip Codes
12210 | $250K | $277K | +10.8% |
12205 | $270K | $295K | +9.3% |
12189 | $220K | $227.4K | +3.4% |
12204 | $305K | $297.5K | -2.5% |
12211 | $415K | $403K | -2.9% |
Housing Supply in 12211, NY
How many homes are available in 12211, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 21 | -32.3% |
Summary: The 12211 real estate market had 21 homes for sale in March 2024, a 32.3% decrease 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 | 2 | 0 | -100.0% |
3 Bedrooms | 16 | 11 | -31.3% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 12211 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 decreased by 100%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 12211 in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 0% were sold under asking, 13% were sold at asking, and 88% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 10 Days | -46.5% |
Summary: Homes in 12211 had an average of 10 days on market in Mar 2024, down by 46.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 12211; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.