Is 12737, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12737 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 12737 was a Seller's Market.

Key Takeaway

12737 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12737, NY

How much do homes in 12737, NY cost?

Median Sold Price

$342,500

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$26,500(+8.4%)

Key Takeaway

Homes in 12737 have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in 12737 was $342,500 in April 2024, up 8.4% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $240K-
N/A
2 $226.5K$225K
-0.7%
3 $335K$347.7K
+3.8%
4 $375K$345K
-8.0%
5+ -$483.5K
N/A

Summary: 12737 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 decreased by 0.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes did not change.

Housing Supply in 12737, NY

How many homes are available in 12737, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2219-13.6%

Summary: The 12737 real estate market had 19 homes for sale in April 2024, a 13.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1311
-15.4%
4 22
0.0%
5+ 22
0.0%

Summary: The 12737 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 20%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

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 12737, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 12737 in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 12737, NY

How long does it take to sell a home in 12737, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
9 Days154 Days+1611.1%

Summary: Homes in 12737 had an average of 154 days on market in Apr 2024, up by 1611.1% compared to last year.

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 12737 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in 12737; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

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

Report Updated 5 Days Ago

Newest Listings in 12737, NY

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