Is 12721, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 12721 has remained a Seller's Market.
Housing Prices in 12721, NY
How much do homes in 12721, NY cost?
Median Sold Price
$410,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 12721 was $410,000 in April 2024, up 5.3% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | - | N/A |
2 Bedrooms | $231.5K | $263.4K | +13.8% |
3 Bedrooms | $386.5K | $399K | +3.2% |
4 Bedrooms | $494.5K | $521K | +5.4% |
5+ Bedrooms | $500K | $300K | -40.0% |
Summary: 12721 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 40%.
Median Sold Price Compared To Nearby Zip Codes
12721 | $389.5K | $410K | +5.3% |
12790 | $270.7K | $279K | +3.0% |
Housing Supply in 12721, NY
How many homes are available in 12721, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 30 | -3.2% |
Summary: The 12721 real estate market had 30 homes for sale in April 2024, a 3.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 12721 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 decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 12721 in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for 12721, NY
How long does it take to sell a home in 12721, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 31 Days | -42.3% |
Summary: Homes in 12721 had an average of 31 days on market in Apr 2024, down by 42.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in 12721; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.