Is 12758, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12758 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 12758 was a Seller's Market.

Key Takeaway

12758 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12758, NY

How much do homes in 12758, NY cost?

Median Sold Price

$350,000

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$62,500(+21.7%)

Key Takeaway

Homes in 12758 have sold for 21.7% more than they did a year ago.

Summary: The median home sold price in 12758 was $350,000 in April 2024, up 21.7% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $117.5K$285K
+142.6%
2 $277.5K$330K
+18.9%
3 $295K$345K
+16.9%
4 $400K$366K
-8.5%
5+ $303.5K$405K
+33.4%

Summary: 12758 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 142.6%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 16.9%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 33.4%.

Median Sold Price Compared To Nearby Zip Codes

12754
+26.7%
12758
+21.7%

Housing Supply in 12758, NY

How many homes are available in 12758, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2635+34.6%

Summary: The 12758 real estate market had 35 homes for sale in April 2024, a 34.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 37
+133.3%
3 1013
+30.0%
4 45
+25.0%
5+ 67
+16.7%

Summary: The 12758 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 133.3%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12758, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 12758 in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 12758, NY

How long does it take to sell a home in 12758, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
141 Days29 Days-79.2%

Summary: Homes in 12758 had an average of 29 days on market in Apr 2024, down by 79.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12758 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 12758; 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.

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

Report Updated 6 Days Ago

Newest Listings in 12758, NY

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