Is 12514, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 12514 was a Seller's Market.
Housing Prices in 12514, NY
How much do homes in 12514, NY cost?
Median Sold Price
$569,500
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12514 was $569,500 in March 2024, down 15% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $569.5K | N/A |
2 Bedrooms | $439K | $925K | +110.7% |
3 Bedrooms | $605K | $474K | -21.7% |
4 Bedrooms | $839K | $639K | -23.8% |
5+ Bedrooms | $1.4M | $3.2M | +128.6% |
Summary: 12514 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 110.7%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes increased by 128.6%.
Housing Supply in 12514, NY
How many homes are available in 12514, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 19 | +11.8% |
Summary: The 12514 real estate market had 19 homes for sale in March 2024, a 11.8% increase 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 | 3 | 4 | +33.3% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 12514 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 12514 in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 12514, NY
How long does it take to sell a home in 12514, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
161 Days | 39 Days | -75.4% |
Summary: Homes in 12514 had an average of 39 days on market in Mar 2024, down by 75.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 12514; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.