Is 12790, 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, 12790 was a Seller's Market.
Housing Prices in 12790, NY
How much do homes in 12790, NY cost?
Median Sold Price
$277,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12790 was $277,000 in March 2024, up 6.5% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $174.5K | $150K | -14.0% |
2 Bedrooms | $190K | $196K | +3.2% |
3 Bedrooms | $308K | $300K | -2.6% |
4 Bedrooms | $325K | $342K | +5.2% |
5+ Bedrooms | $345.7K | $376K | +8.7% |
Summary: 12790 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14%, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 8.7%.
Housing Supply in 12790, NY
How many homes are available in 12790, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 34 | -2.9% |
Summary: The 12790 real estate market had 34 homes for sale in March 2024, a 2.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 15 | 16 | +6.7% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 12790 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 12790 in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for 12790, NY
How long does it take to sell a home in 12790, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 84 Days | +24.3% |
Summary: Homes in 12790 had an average of 84 days on market in Mar 2024, up by 24.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in 12790; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.