Is 12538, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 12538 has remained a Seller's Market.
Housing Prices in 12538, NY
How much do homes in 12538, NY cost?
Median Sold Price
$367,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12538 was $367,000 in March 2024, up 9.6% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $342.5K | - | N/A |
2 Bedrooms | $290.6K | $350K | +20.4% |
3 Bedrooms | $341K | $355K | +4.1% |
4 Bedrooms | $375K | $395K | +5.3% |
5+ Bedrooms | $365.7K | $459.9K | +25.8% |
Summary: 12538 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 20.4%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 25.8%.
Median Sold Price Compared To Nearby Zip Codes
12580 | $385K | $450K | +16.9% |
12538 | $335K | $367K | +9.6% |
Housing Supply in 12538, NY
How many homes are available in 12538, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 46 | +12.2% |
Summary: The 12538 real estate market had 46 homes for sale in March 2024, a 12.2% 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 | 6 | 6 | 0.0% |
3 Bedrooms | 26 | 29 | +11.5% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 12538 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 remained the same, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 12538 in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for 12538, NY
How long does it take to sell a home in 12538, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
192 Days | 94 Days | -50.7% |
Summary: Homes in 12538 had an average of 94 days on market in Mar 2024, down by 50.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 12538; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.