Is 13031, 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, 13031 was a Seller's Market.
Key Takeaway
13031 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 13031, NY
How much do homes in 13031, NY cost?
Median Sold Price
$255,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 13031 have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in 13031 was $255,000 in March 2024, up 12.1% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30K | $62K | +106.7% |
| 2 Bedrooms | $200K | $220.8K | +10.4% |
| 3 Bedrooms | $203K | $230.2K | +13.4% |
| 4 Bedrooms | $282.6K | $300.5K | +6.3% |
| 5+ Bedrooms | $355K | $379.9K | +7.0% |
Summary: 13031 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 106.7%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Zip Codes
| 13219 | $191K | $225K | +17.8% |
| 13209 | $169.5K | $196.2K | +15.8% |
| 13031 | $227.5K | $255K | +12.1% |
Housing Supply in 13031, NY
How many homes are available in 13031, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 25 | -19.4% |
Summary: The 13031 real estate market had 25 homes for sale in March 2024, a 19.4% 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 | 6 | 3 | -50.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 12 | 7 | -41.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 13031 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 50%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 41.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 13031, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 13031 in March 2024, down by 60.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for 13031, NY
How long does it take to sell a home in 13031, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 21 Days | 7 Days | -67.9% |
Summary: Homes in 13031 had an average of 7 days on market in Mar 2024, down by 67.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 13031 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in 13031; 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.
