Is 12564, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12564 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 12564 was a Seller's Market.

Key Takeaway

12564 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12564, NY

How much do homes in 12564, NY cost?

Median Sold Price

$450,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$16,500(+3.8%)

Key Takeaway

Homes in 12564 have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in 12564 was $450,000 in March 2024, up 3.8% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $405K-
N/A
2 $342.5K$330K
-3.6%
3 $440K$430K
-2.3%
4 $667.5K$565K
-15.4%
5+ $565K$565K
0.0%

Summary: 12564 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 decreased by 3.6%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

06784
+23.9%
12564
+3.8%
12570
-5.2%

Housing Supply in 12564, NY

How many homes are available in 12564, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3330-9.1%

Summary: The 12564 real estate market had 30 homes for sale in March 2024, a 9.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 1515
0.0%
4 78
+14.3%
5+ 75
-28.6%

Summary: The 12564 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12564, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 12564 in March 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 12564, NY

How long does it take to sell a home in 12564, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
50 Days32 Days-35.2%

Summary: Homes in 12564 had an average of 32 days on market in Mar 2024, down by 35.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were 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 12564 has remained consistent over time.

Summary: During March 2024, 3 homes were sold in 12564; 33% of homes were sold within 30 days, 67% 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 24 Days Ago

Newest Listings in 12564, NY

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