Is 12518, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 12518 was a Buyer's Market.
Housing Prices in 12518, NY
How much do homes in 12518, NY cost?
Median Sold Price
$475,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 12518 was $475,000 in April 2024, up 13.8% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $157.6K | +50.1% |
2 Bedrooms | $280K | $252.4K | -9.8% |
3 Bedrooms | $412.5K | $460K | +11.5% |
4 Bedrooms | $485K | $622.5K | +28.4% |
5+ Bedrooms | $530K | $670K | +26.4% |
Summary: 12518 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.1%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes increased by 26.4%.
Median Sold Price Compared To Nearby Zip Codes
12518 | $417.5K | $475K | +13.8% |
10928 | $380.5K | $409.9K | +7.7% |
12553 | $362.5K | $385K | +6.2% |
12520 | $470K | $475K | +1.1% |
Housing Supply in 12518, NY
How many homes are available in 12518, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 26 | +8.3% |
Summary: The 12518 real estate market had 26 homes for sale in April 2024, a 8.3% 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 | 5 | 0.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 12518 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 remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 5 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 12518 in April 2024, up by 100.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 12518, NY
How long does it take to sell a home in 12518, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 92 Days | +54.3% |
Summary: Homes in 12518 had an average of 92 days on market in Apr 2024, up by 54.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in 12518; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.