Is 12304, 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, 12304 has remained a Seller's Market.
Housing Prices in 12304, NY
How much do homes in 12304, NY cost?
Median Sold Price
$215,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12304 was $215,000 in March 2024, up 7.5% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $81K | - | N/A |
2 Bedrooms | $156K | $190K | +21.8% |
3 Bedrooms | $195K | $220K | +12.8% |
4 Bedrooms | $233K | $237K | +1.7% |
5+ Bedrooms | $202.5K | $229.9K | +13.6% |
Summary: 12304 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 increased by 21.8%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 13.6%.
Median Sold Price Compared To Nearby Zip Codes
12308 | $200K | $220K | +10.0% |
12309 | $314.9K | $343.7K | +9.1% |
12304 | $200K | $215K | +7.5% |
12303 | $228K | $245K | +7.5% |
Housing Supply in 12304, NY
How many homes are available in 12304, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 62 | -16.2% |
Summary: The 12304 real estate market had 62 homes for sale in March 2024, a 16.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 12 | 9 | -25.0% |
3 Bedrooms | 33 | 29 | -12.1% |
4 Bedrooms | 12 | 10 | -16.7% |
5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The 12304 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 12304 in March 2024, the same as the previous month. Of the 12 sold homes, 17% were sold under asking, 25% were sold at asking, and 58% were sold over asking.
Days on Market for 12304, NY
How long does it take to sell a home in 12304, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
21 Days | 10 Days | -52.4% |
Summary: Homes in 12304 had an average of 10 days on market in Mar 2024, down by 52.4% compared to last year.
Breakdown of Home Sale Times
12 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, 12 homes were sold in 12304; 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.