Is 12308, 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, 12308 has remained a Seller's Market.
Key Takeaway
12308 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 12308, NY
How much do homes in 12308, NY cost?
Median Sold Price
$230,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 12308 have sold for 15% more than they did a year ago.
Summary: The median home sold price in 12308 was $230,000 in April 2024, up 15% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $176K | $134.9K | -23.4% |
| 3 Bedrooms | $185K | $208.5K | +12.7% |
| 4 Bedrooms | $220K | $200K | -9.1% |
| 5+ Bedrooms | $215K | $250K | +16.3% |
Summary: 12308 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 23.4%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 16.3%.
Median Sold Price Compared To Nearby Zip Codes
| 12307 | $142K | $167K | +17.6% |
| 12308 | $200K | $230K | +15.0% |
| 12309 | $316.2K | $340K | +7.5% |
| 12304 | $206.2K | $215K | +4.2% |
Housing Supply in 12308, NY
How many homes are available in 12308, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 49 | +6.5% |
Summary: The 12308 real estate market had 49 homes for sale in April 2024, a 6.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 14 | +55.6% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 23 | 19 | -17.4% |
Summary: The 12308 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 17.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 12308, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 12308 in April 2024, up by 10.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for 12308, NY
How long does it take to sell a home in 12308, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 51 Days | +83.6% |
Summary: Homes in 12308 had an average of 51 days on market in Apr 2024, up by 83.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 12308 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in 12308; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.