Is 12477, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 12477 was a Seller's Market.
Key Takeaway
12477 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 12477, NY
How much do homes in 12477, NY cost?
Median Sold Price
$420,000
$268/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 12477 have sold for 1.1% less than they did a month ago.
Summary: The median home sold price in 12477 was $420,000 in April 2024, down 1.1% from last month, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $130K | $950K | +630.8% |
| 3 Bedrooms | $424.7K | $420K | -1.1% |
| 4 Bedrooms | $990K | $420K | -57.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: 12477 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 increased by 630.8%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 57.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 12477 | $424.7K | $420K | -1.1% |
| 12449 | $307K | $265K | -13.7% |
Housing Supply in 12477, NY
How many homes are available in 12477, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 32 | +14.3% |
Summary: The 12477 real estate market had 32 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 12477 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 increased by 20%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 12477, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 12477 in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 12477, NY
How long does it take to sell a home in 12477, NY?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 66 Days | 53 Days | -20.4% |
Summary: Homes in 12477 had an average of 53 days on market in Apr 2024, down by 20.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 12477 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in 12477; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.