Is 12571, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 12571 was a Neutral Market.
Housing Prices in 12571, NY
How much do homes in 12571, NY cost?
Median Sold Price
$508,750
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12571 was $508,750 in March 2024, up 4.5% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $565K | $255K | -54.9% |
2 Bedrooms | $360K | $366K | +1.7% |
3 Bedrooms | $457.5K | $496.2K | +8.5% |
4 Bedrooms | $641.4K | $669K | +4.3% |
5+ Bedrooms | $822.5K | $450K | -45.3% |
Summary: 12571 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.9%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 45.3%.
Median Sold Price Compared To Nearby Zip Codes
12571 | $486.7K | $508.7K | +4.5% |
12572 | $650K | $602.5K | -7.3% |
Housing Supply in 12571, NY
How many homes are available in 12571, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 41 | +10.8% |
Summary: The 12571 real estate market had 41 homes for sale in March 2024, a 10.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 18 | 20 | +11.1% |
4 Bedrooms | 14 | 15 | +7.1% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 12571 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 12571 in March 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 12571, NY
How long does it take to sell a home in 12571, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
80 Days | 75 Days | -5.3% |
Summary: Homes in 12571 had an average of 75 days on market in Mar 2024, down by 5.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in 12571; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.