Is 12553, 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, 12553 has remained a Seller's Market.
Housing Prices in 12553, NY
How much do homes in 12553, NY cost?
Median Sold Price
$380,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12553 was $380,000 in March 2024, up 1.5% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $175K | +40.0% |
2 Bedrooms | $284K | $296.7K | +4.5% |
3 Bedrooms | $380K | $400K | +5.3% |
4 Bedrooms | $560K | $562.5K | 0.4% |
5+ Bedrooms | $565K | $540K | -4.4% |
Summary: 12553 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 4.4%.
Median Sold Price Compared To Nearby Zip Codes
12577 | $450K | $457.5K | +1.7% |
12553 | $374.5K | $380K | +1.5% |
12520 | $471.6K | $475K | +0.7% |
Housing Supply in 12553, NY
How many homes are available in 12553, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 87 | +2.4% |
Summary: The 12553 real estate market had 87 homes for sale in March 2024, a 2.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 19 | 21 | +10.5% |
3 Bedrooms | 36 | 37 | +2.8% |
4 Bedrooms | 21 | 20 | -4.8% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 12553 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 increased by 10.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 16 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 12553 in March 2024, the same as the previous month. Of the 16 sold homes, 38% were sold under asking, 19% were sold at asking, and 44% were sold over asking.
Days on Market for 12553, NY
How long does it take to sell a home in 12553, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
76 Days | 71 Days | -7.0% |
Summary: Homes in 12553 had an average of 71 days on market in Mar 2024, down by 7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 12553; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.