Is 12302, 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, 12302 has remained a Seller's Market.
Housing Prices in 12302, NY
How much do homes in 12302, NY cost?
Median Sold Price
$270,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12302 was $270,000 in March 2024, up 8% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $107.7K | $110K | +2.1% |
2 Bedrooms | $170K | $205K | +20.6% |
3 Bedrooms | $240K | $266K | +10.8% |
4 Bedrooms | $303.2K | $322K | +6.2% |
5+ Bedrooms | $340K | $375K | +10.3% |
Summary: 12302 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Zip Codes
12302 | $250K | $270K | +8.0% |
12027 | $438.3K | $350K | -20.2% |
Housing Supply in 12302, NY
How many homes are available in 12302, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 66 | -10.8% |
Summary: The 12302 real estate market had 66 homes for sale in March 2024, a 10.8% 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 | 9 | 12 | +33.3% |
3 Bedrooms | 33 | 25 | -24.2% |
4 Bedrooms | 25 | 22 | -12.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 12302 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 increased by 33.3%, 3 bedroom homes decreased by 24.2%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 17 | -26.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 12302 in March 2024, down by 26.1% month-over-month. Of the 17 sold homes, 12% were sold under asking, 18% were sold at asking, and 71% were sold over asking.
Days on Market for 12302, NY
How long does it take to sell a home in 12302, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 23 Days | +22.0% |
Summary: Homes in 12302 had an average of 23 days on market in Mar 2024, up by 22% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 12302; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.