Is 12809, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12809 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 12809 has remained a Buyer's Market.

Key Takeaway

12809 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12809, NY

How much do homes in 12809, NY cost?

Median Sold Price

$299,900

$166/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$50,100(-14.3%)

Key Takeaway

Homes in 12809 have sold for 14.3% less than they did a month ago.

Summary: The median home sold price in 12809 was $299,900 in March 2024, down 14.3% from last month, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $350K-
N/A
3 --
N/A
4 -$299.9K
N/A
5+ --
N/A

Summary: 12809 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 12809, NY

How many homes are available in 12809, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1113+18.2%

Summary: The 12809 real estate market had 13 homes for sale in March 2024, a 18.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 58
+60.0%
4 11
0.0%
5+ 21
-50.0%

Summary: The 12809 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 60%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were 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 12809, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 12809 in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 12809, NY

How long does it take to sell a home in 12809, NY?

Average Sale Time

Feb 2024Mar 2024CHANGE
6 Days13 Days+116.7%

Summary: Homes in 12809 had an average of 13 days on market in Mar 2024, up by 116.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12809 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in 12809; 100% of homes were sold within 30 days, 0% 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 26 Days Ago

Newest Listings in 12809, NY

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