Is 12865, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12865 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 12865 was a Buyer's Market.

Key Takeaway

12865 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12865, NY

How much do homes in 12865, NY cost?

Median Sold Price

$216,000

$106/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$41,500(-16.1%)

Key Takeaway

Homes in 12865 have sold for 16.1% less than they did a month ago.

Summary: The median home sold price in 12865 was $216,000 in April 2024, down 16.1% from last month, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $257.5K$189.5K
-26.4%
4 -$950K
N/A
5+ --
N/A

Summary: 12865 housing prices by bedroom type for April 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 decreased by 26.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 12865, NY

How many homes are available in 12865, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1513-13.3%

Summary: The 12865 real estate market had 13 homes for sale in April 2024, a 13.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 108
-20.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 12865 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12865, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 12865 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 12865, NY

How long does it take to sell a home in 12865, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
32 Days56 Days+75.0%

Summary: Homes in 12865 had an average of 56 days on market in Apr 2024, up by 75% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12865 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 12865; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 5 Days Ago

Newest Listings in 12865, NY

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