Is 13029, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13029 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 13029 has remained a Seller's Market.

Key Takeaway

13029 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13029, NY

How much do homes in 13029, NY cost?

Median Sold Price

$277,500

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$27,500(+11.0%)

Key Takeaway

Homes in 13029 have sold for 11% more than they did a year ago.

Summary: The median home sold price in 13029 was $277,500 in April 2024, up 11% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $130K$160K
+23.1%
3 $229.5K$276.5K
+20.5%
4 $315.2K$313K
-0.7%
5+ $455K$286K
-37.1%

Summary: 13029 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 20.5%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 37.1%.

Median Sold Price Compared To Nearby Zip Codes

13039
+11.8%
13029
+11.0%
13041
+10.6%

Housing Supply in 13029, NY

How many homes are available in 13029, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2118-14.3%

Summary: The 13029 real estate market had 18 homes for sale in April 2024, a 14.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 44
0.0%
3 119
-18.2%
4 45
+25.0%
5+ 20
-100.0%

Summary: The 13029 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 remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13029, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 13029 in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 13029, NY

How long does it take to sell a home in 13029, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
11 Days7 Days-28.8%

Summary: Homes in 13029 had an average of 7 days on market in Apr 2024, down by 28.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were 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 13029 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in 13029; 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 1 Day Ago

Newest Listings in 13029, NY

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