Is 12533, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12533 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 12533 was a Neutral Market.

Key Takeaway

12533 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12533, NY

How much do homes in 12533, NY cost?

Median Sold Price

$539,333

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$82,333(+18.0%)

Key Takeaway

Homes in 12533 have sold for 18% more than they did a year ago.

Summary: The median home sold price in 12533 was $539,333 in April 2024, up 18% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $55K$270K
+390.9%
2 $270K$300K
+11.1%
3 $413K$490K
+18.6%
4 $663.3K$640K
-3.5%
5+ $630K$681.7K
+8.2%

Summary: 12533 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 390.9%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Zip Codes

12533
+18.0%
12590
+13.2%
12582
+10.3%
12524
+1.3%
12570
-5.0%

Housing Supply in 12533, NY

How many homes are available in 12533, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8599+16.5%

Summary: The 12533 real estate market had 99 homes for sale in April 2024, a 16.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 34
+33.3%
2 813
+62.5%
3 2731
+14.8%
4 4044
+10.0%
5+ 77
0.0%

Summary: The 12533 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 62.5%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12533, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 12533 in April 2024, down by 30.8% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.

Days on Market for 12533, NY

How long does it take to sell a home in 12533, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
63 Days93 Days+46.5%

Summary: Homes in 12533 had an average of 93 days on market in Apr 2024, up by 46.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 12533 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 9 homes were sold in 12533; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% 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 10 Days Ago

Newest Listings in 12533, NY

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