Is 12306, 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, 12306 has remained a Seller's Market.
Housing Prices in 12306, NY
How much do homes in 12306, NY cost?
Median Sold Price
$245,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12306 was $245,000 in March 2024, up 11.9% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $159.9K | +59.9% |
2 Bedrooms | $174.5K | $197.5K | +13.2% |
3 Bedrooms | $219K | $250K | +14.2% |
4 Bedrooms | $245K | $265K | +8.2% |
5+ Bedrooms | $245K | $247.2K | +0.9% |
Summary: 12306 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.9%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Zip Codes
12306 | $219K | $245K | +11.9% |
12302 | $250K | $270K | +8.0% |
Housing Supply in 12306, NY
How many homes are available in 12306, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
91 | 88 | -3.3% |
Summary: The 12306 real estate market had 88 homes for sale in March 2024, a 3.3% 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 | 12 | 9 | -25.0% |
3 Bedrooms | 46 | 51 | +10.9% |
4 Bedrooms | 24 | 22 | -8.3% |
5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The 12306 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 25%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 26 | +52.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 12306 in March 2024, up by 52.9% month-over-month. Of the 26 sold homes, 50% were sold under asking, 15% were sold at asking, and 35% were sold over asking.
Days on Market for 12306, NY
How long does it take to sell a home in 12306, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
16 Days | 31 Days | +85.2% |
Summary: Homes in 12306 had an average of 31 days on market in Mar 2024, up by 85.2% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in 12306; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.