Is 12601, 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, 12601 has remained a Seller's Market.
Housing Prices in 12601, NY
How much do homes in 12601, NY cost?
Median Sold Price
$330,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12601 was $330,000 in March 2024, up 6.1% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $139.4K | $139K | -0.3% |
2 Bedrooms | $250K | $284K | +13.6% |
3 Bedrooms | $310K | $338.7K | +9.3% |
4 Bedrooms | $360K | $365K | +1.4% |
5+ Bedrooms | $385K | $369K | -4.2% |
Summary: 12601 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 4.2%.
Housing Supply in 12601, NY
How many homes are available in 12601, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
114 | 124 | +8.8% |
Summary: The 12601 real estate market had 124 homes for sale in March 2024, a 8.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 17 | 23 | +35.3% |
3 Bedrooms | 45 | 43 | -4.4% |
4 Bedrooms | 27 | 29 | +7.4% |
5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The 12601 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 35.3%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 21 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 12601 in March 2024, the same as the previous month. Of the 21 sold homes, 38% were sold under asking, 14% were sold at asking, and 48% were sold over asking.
Days on Market for 12601, NY
How long does it take to sell a home in 12601, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
89 Days | 47 Days | -46.7% |
Summary: Homes in 12601 had an average of 47 days on market in Mar 2024, down by 46.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in 12601; 38% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.