Is 12822, 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, 12822 was a Seller's Market.
Housing Prices in 12822, NY
How much do homes in 12822, NY cost?
Median Sold Price
$247,500
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 12822 was $247,500 in March 2024, up 12.5% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | - | N/A |
2 Bedrooms | $182.5K | $191K | +4.7% |
3 Bedrooms | $235K | $250K | +6.4% |
4 Bedrooms | $300.5K | $214.5K | -28.6% |
5+ Bedrooms | $150K | $287.5K | +91.7% |
Summary: 12822 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 4.7%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 91.7%.
Median Sold Price Compared To Nearby Zip Codes
12835 | $267K | $322.5K | +20.8% |
12822 | $220K | $247.5K | +12.5% |
12833 | $378.5K | $423.9K | +12.0% |
12846 | $277.5K | $252.5K | -9.0% |
Housing Supply in 12822, NY
How many homes are available in 12822, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 16 | -23.8% |
Summary: The 12822 real estate market had 16 homes for sale in March 2024, a 23.8% decrease 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 | 5 | 4 | -20.0% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 12822 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 decreased by 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 12822 in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 12822, NY
How long does it take to sell a home in 12822, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
201 Days | 94 Days | -53.4% |
Summary: Homes in 12822 had an average of 94 days on market in Mar 2024, down by 53.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in 12822; 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.