Is 12582, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12582 is a buyer's market

Buyer's
Market

Difference Since February 2022

At the same time last year, 12582 was a Seller's Market.

Key Takeaway

12582 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 12582, NY cost?

Median Sold Price

$489,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$32,750(+7.2%)

Key Takeaway

Homes in 12582 have sold for 7.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 --
N/A
2 --
N/A
3 $425K$452.5K
+6.5%
4 $527.5K$550K
+4.3%
5+ $630K$624.3K
-0.9%

Median Sold Price Compared To Nearby Zip Codes

12531
+18.9%
12570
+9.3%
12533
+8.8%
10512
+8.3%
12582
+7.2%

How many homes are available in 12582, NY?

Number of Homes For Sale

Jan 2023Feb 2023%
14140.0%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 67
+16.7%
5+ 21
-50.0%

Number of Homes Sold

Jan 2023Feb 2023%
21-50.0%

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 12582, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
57 Days135 Days+135.7%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 12582 are taking a long time to sell, it's a good idea to negotiate on homes here.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 12582, NY

12582, NY has 14 homes for sale to choose from. In February 2023 median list price was $489,000 and the average listing age was 135 days. Listing prices have changed in this real estate market between January 2023 and February 2023: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0% more expensive, prices of 3 bedrooms properties increased by 6.5%, prices of 4 bedrooms properties increased by 4.3%, prices of 5 bedrooms properties decreased by 0.9%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes did not move, 3 bedrooms homes inventory did not change, 4 bedrooms homes became 16.7% more available, number of 5 bedrooms homes decreased by 50%. In February 2023 more than 0 listings in 12582, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.