Is 12590, 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, 12590 has remained a Seller's Market.
Housing Prices in 12590, NY
How much do homes in 12590, NY cost?
Median Sold Price
$426,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12590 was $426,000 in March 2024, up 12.4% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $160K | +14.3% |
2 Bedrooms | $228K | $230K | +0.9% |
3 Bedrooms | $390K | $428K | +9.7% |
4 Bedrooms | $474.5K | $475K | 0.1% |
5+ Bedrooms | $457K | $590K | +29.1% |
Summary: 12590 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 29.1%.
Housing Supply in 12590, NY
How many homes are available in 12590, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
75 | 83 | +10.7% |
Summary: The 12590 real estate market had 83 homes for sale in March 2024, a 10.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 3 | -62.5% |
2 Bedrooms | 16 | 17 | +6.3% |
3 Bedrooms | 36 | 38 | +5.6% |
4 Bedrooms | 11 | 20 | +81.8% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 12590 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 62.5%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 81.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 21 | -4.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 12590 in March 2024, down by 4.5% month-over-month. Of the 21 sold homes, 33% were sold under asking, 10% were sold at asking, and 57% were sold over asking.
Days on Market for 12590, NY
How long does it take to sell a home in 12590, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 68 Days | -4.2% |
Summary: Homes in 12590 had an average of 68 days on market in Mar 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in 12590; 52% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.