Is 12545, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12545 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 12545 was a Seller's Market.

Key Takeaway

12545 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12545, NY

How much do homes in 12545, NY cost?

Median Sold Price

$508,750

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$9,400(-1.8%)

Key Takeaway

Homes in 12545 have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in 12545 was $508,750 in April 2024, down 1.8% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $420K$750K
+78.6%
2 $330K$470K
+42.4%
3 $490K$560K
+14.3%
4 $1.1M$492.5K
-57.2%
5+ $1.4M$720K
-50.3%

Summary: 12545 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.6%, 2 bedroom homes increased by 42.4%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 57.2%, and 5+ bedroom homes decreased by 50.3%.

Median Sold Price Compared To Nearby Zip Codes

12522
+3.6%
12545
-1.8%
12578
-3.2%

Housing Supply in 12545, NY

How many homes are available in 12545, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2122+4.8%

Summary: The 12545 real estate market had 22 homes for sale in April 2024, a 4.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 85
-37.5%
4 24
+100.0%
5+ 1112
+9.1%

Summary: The 12545 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 increased by 100%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

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 12545, 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 12545 in April 2024, down by 66.7% 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 12545, NY

How long does it take to sell a home in 12545, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
60 Days40 Days-33.3%

Summary: Homes in 12545 had an average of 40 days on market in Apr 2024, down by 33.3% 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 12545 has remained consistent over time.

Summary: During April 2024, 1 homes were sold in 12545; 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 1 Day Ago

Newest Listings in 12545, NY

Nearby Markets to 12545, NY