Is 12484, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12484 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 12484 was a Seller's Market.

Key Takeaway

12484 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 12484, NY

How much do homes in 12484, NY cost?

Median Sold Price

$495,000

$245/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$295,000(-37.3%)

Key Takeaway

Homes in 12484 have sold for 37.3% less than they did a month ago.

Summary: The median home sold price in 12484 was $495,000 in April 2024, down 37.3% from last month, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $790K-
N/A
4 -$495K
N/A
5+ --
N/A

Summary: 12484 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.

Median Sold Price Compared To Nearby Zip Codes

12404
+129.0%
12484
-37.3%

Housing Supply in 12484, NY

How many homes are available in 12484, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
46+50.0%

Summary: The 12484 real estate market had 6 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 23
+50.0%
5+ 11
0.0%

Summary: The 12484 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12484, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 12484 in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 12484, NY

How long does it take to sell a home in 12484, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
119 Days36 Days-69.7%

Summary: Homes in 12484 had an average of 36 days on market in Apr 2024, down by 69.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 12484 has remained consistent over time.

Summary: During April 2024, 1 homes were sold in 12484; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in 12484, NY

Nearby Markets to 12484, NY