Is 12764, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12764 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 12764 has remained a Seller's Market.

Key Takeaway

12764 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12764, NY

How much do homes in 12764, NY cost?

Median Sold Price

$411,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$1,000(+0.2%)

Key Takeaway

The sold price of homes in 12764 has remained the same since last year.

Summary: The median home sold price in 12764 was $411,000 in April 2024, up 0.2% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $323.2K$236.7K
-26.8%
3 $498K$478.5K
-3.9%
4 $127K$558K
+339.4%
5+ -$665K
N/A

Summary: 12764 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 26.8%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 339.4%, and 5+ bedroom homes did not change.

Housing Supply in 12764, NY

How many homes are available in 12764, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2220-9.1%

Summary: The 12764 real estate market had 20 homes for sale in April 2024, a 9.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 78
+14.3%
3 85
-37.5%
4 22
0.0%
5+ 43
-25.0%

Summary: The 12764 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12764, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 12764 in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 12764, NY

How long does it take to sell a home in 12764, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days73 Days+87.8%

Summary: Homes in 12764 had an average of 73 days on market in Apr 2024, up by 87.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12764 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 12764; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in 12764, NY

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