Is 12603, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 12603 was a Neutral Market.
Key Takeaway
12603 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 12603, NY
How much do homes in 12603, NY cost?
Median Sold Price
$385,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 12603 have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in 12603 was $385,000 in April 2024, up 5.5% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $143K | +14.4% |
| 2 Bedrooms | $260K | $295K | +13.5% |
| 3 Bedrooms | $366.7K | $377K | +2.8% |
| 4 Bedrooms | $452.5K | $470K | +3.9% |
| 5+ Bedrooms | $475K | $452.5K | -4.7% |
Summary: 12603 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 4.7%.
Housing Supply in 12603, NY
How many homes are available in 12603, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 165 | 179 | +8.5% |
Summary: The 12603 real estate market had 179 homes for sale in April 2024, a 8.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 11 | 0.0% |
| 2 Bedrooms | 24 | 26 | +8.3% |
| 3 Bedrooms | 74 | 76 | +2.7% |
| 4 Bedrooms | 45 | 50 | +11.1% |
| 5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The 12603 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 12603, you may be able to get a good deal. 38.2% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 12603 in April 2024, down by 5.6% month-over-month. Of the 34 sold homes, 38% were sold under asking, 24% were sold at asking, and 38% were sold over asking.
Days on Market for 12603, NY
How long does it take to sell a home in 12603, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 98 Days | 52 Days | -46.6% |
Summary: Homes in 12603 had an average of 52 days on market in Apr 2024, down by 46.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 12603 has remained consistent over time.
Summary: During April 2024, 34 homes were sold in 12603; 32% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.