Is 12542, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 12542 has remained a Buyer's Market.
Housing Prices in 12542, NY
How much do homes in 12542, NY cost?
Median Sold Price
$420,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 12542 was $420,000 in February 2024, down 3.4% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $302.4K | $255K | -15.7% |
3 Bedrooms | $370K | $415K | +12.2% |
4 Bedrooms | $544.9K | $516K | -5.3% |
5+ Bedrooms | $420K | $435K | +3.6% |
Summary: 12542 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.7%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 3.6%.
Housing Supply in 12542, NY
How many homes are available in 12542, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
28 | 26 | -7.1% |
Summary: The 12542 real estate market had 26 homes for sale in February 2024, a 7.1% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 14 | 11 | -21.4% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 12542 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 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 12542 in February 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 12542, NY
How long does it take to sell a home in 12542, NY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
113 Days | 53 Days | -52.5% |
Summary: Homes in 12542 had an average of 53 days on market in Feb 2024, down by 52.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in 12542; 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.