Is 12839, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12839 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 12839 has remained a Seller's Market.

Key Takeaway

12839 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12839, NY

How much do homes in 12839, NY cost?

Median Sold Price

$200,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,315(+8.3%)

Key Takeaway

Homes in 12839 have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in 12839 was $200,000 in March 2024, up 8.3% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $317.5K$116.5K
-63.3%
2 $160K$150K
-6.3%
3 $200K$211K
+5.5%
4 $189K$211K
+11.6%
5+ $155K$185K
+19.4%

Summary: 12839 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.3%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 19.4%.

Median Sold Price Compared To Nearby Zip Codes

12804
+10.2%
12839
+8.3%
12803
+1.0%
12827
0.5%
12828
-7.4%

Housing Supply in 12839, NY

How many homes are available in 12839, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3126-16.1%

Summary: The 12839 real estate market had 26 homes for sale in March 2024, a 16.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1412
-14.3%
4 108
-20.0%
5+ 54
-20.0%

Summary: The 12839 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 decreased by 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12839, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 12839 in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 12839, NY

How long does it take to sell a home in 12839, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
50 Days35 Days-29.2%

Summary: Homes in 12839 had an average of 35 days on market in Mar 2024, down by 29.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12839 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in 12839; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 25 Days Ago

Newest Listings in 12839, NY

Nearby Markets to 12839, NY