Is 12525, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12525 is a neutral's market

Buyer's
Market

Difference Since April 2023

Since last year, 12525 has remained a Neutral Market.

Key Takeaway

12525 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 12525, NY

How much do homes in 12525, NY cost?

Median Sold Price

$560,000

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$20,000(-3.4%)

Key Takeaway

Homes in 12525 have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in 12525 was $560,000 in April 2024, down 3.4% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $999K$315K
-68.5%
2 -$600K
N/A
3 $560.5K$525K
-6.3%
4 $527.5K$750K
+42.2%
5+ $699K$530.5K
-24.1%

Summary: 12525 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.5%, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 42.2%, and 5+ bedroom homes decreased by 24.1%.

Median Sold Price Compared To Nearby Zip Codes

12561
+4.4%
12589
+1.2%
12525
-3.4%

Housing Supply in 12525, NY

How many homes are available in 12525, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
770.0%

Summary: The 12525 real estate market had 7 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 22
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The 12525 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

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 12525, 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 12525 in April 2024, up by 100.0% month-over-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 12525, NY

How long does it take to sell a home in 12525, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
40 Days67 Days+67.5%

Summary: Homes in 12525 had an average of 67 days on market in Apr 2024, up by 67.5% compared to last year.

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 12525 has remained consistent over time.

Summary: During April 2024, 1 homes were sold in 12525; 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 8 Days Ago

Newest Listings in 12525, NY

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