Is 12412, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12412 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 12412 has remained a Seller's Market.

Key Takeaway

12412 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12412, NY

How much do homes in 12412, NY cost?

Median Sold Price

$1,225,000

$420/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$943,000(+334.4%)

Key Takeaway

Homes in 12412 have sold for 334.4% more than they did a month ago.

Summary: The median home sold price in 12412 was $1,225,000 in April 2024, up 334.4% from last month, and the median price per square foot was $420.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $282K-
N/A
3 -$1.2M
N/A
4 --
N/A
5+ --
N/A

Summary: 12412 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 12412, NY

How many homes are available in 12412, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
32-33.3%

Summary: The 12412 real estate market had 2 homes for sale in April 2024, a 33.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 12412 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12412, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 12412 in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 12412, NY

How long does it take to sell a home in 12412, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
74 Days226 Days+205.4%

Summary: Homes in 12412 had an average of 226 days on market in Apr 2024, up by 205.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 12412 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in 12412; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

Newest Listings in 12412, NY

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