Is 12771, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 12771 was a Seller's Market.
Housing Prices in 12771, NY
How much do homes in 12771, NY cost?
Median Sold Price
$253,500
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12771 was $253,500 in March 2024, up 14.7% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $117K | N/A |
2 Bedrooms | $185K | $209.5K | +13.2% |
3 Bedrooms | $245K | $264.5K | +8.0% |
4 Bedrooms | $244K | $289K | +18.4% |
5+ Bedrooms | $217.9K | $262K | +20.2% |
Summary: 12771 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 20.2%.
Housing Supply in 12771, NY
How many homes are available in 12771, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
55 | 56 | +1.8% |
Summary: The 12771 real estate market had 56 homes for sale in March 2024, a 1.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 11 | 0.0% |
3 Bedrooms | 24 | 25 | +4.2% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 12771 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 12771 in March 2024, down by 10.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for 12771, NY
How long does it take to sell a home in 12771, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 39 Days | -42.6% |
Summary: Homes in 12771 had an average of 39 days on market in Mar 2024, down by 42.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 12771; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.