Is 12563, 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, 12563 has remained a Seller's Market.
Housing Prices in 12563, NY
How much do homes in 12563, NY cost?
Median Sold Price
$450,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12563 was $450,000 in March 2024, up 13.9% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $213.5K | $251.2K | +17.7% |
2 Bedrooms | $322K | $367K | +14.0% |
3 Bedrooms | $425K | $415.5K | -2.2% |
4 Bedrooms | $581K | $699.9K | +20.5% |
5+ Bedrooms | $705K | $470K | -33.3% |
Summary: 12563 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.7%, 2 bedroom homes increased by 14%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 33.3%.
Housing Supply in 12563, NY
How many homes are available in 12563, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 29 | 0.0% |
Summary: The 12563 real estate market had 29 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 5 | -37.5% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 12563 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 decreased by 37.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 12563 in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 12563, NY
How long does it take to sell a home in 12563, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
80 Days | 85 Days | +6.2% |
Summary: Homes in 12563 had an average of 85 days on market in Mar 2024, up by 6.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in 12563; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.