Is 13057, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13057 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 13057 has remained a Seller's Market.

Key Takeaway

13057 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13057, NY

How much do homes in 13057, NY cost?

Median Sold Price

$220,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$38,000(+20.9%)

Key Takeaway

Homes in 13057 have sold for 20.9% more than they did a year ago.

Summary: The median home sold price in 13057 was $220,000 in March 2024, up 20.9% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $107K$120K
+12.1%
2 $149.9K$193.7K
+29.3%
3 $184.5K$222.5K
+20.6%
4 $210K$252.5K
+20.2%
5+ $220K$225K
+2.3%

Summary: 13057 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 29.3%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes increased by 2.3%.

Median Sold Price Compared To Nearby Zip Codes

13214
+21.9%
13057
+20.9%
13206
+14.2%
13116
-6.8%

Housing Supply in 13057, NY

How many homes are available in 13057, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4841-14.6%

Summary: The 13057 real estate market had 41 homes for sale in March 2024, a 14.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 94
-55.6%
3 1516
+6.7%
4 1211
-8.3%
5+ 119
-18.2%

Summary: The 13057 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 55.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1614-12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13057, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 13057 in March 2024, down by 12.5% month-over-month. Of the 14 sold homes, 36% were sold under asking, 7% were sold at asking, and 57% were sold over asking.

Days on Market for 13057, NY

How long does it take to sell a home in 13057, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
12 Days20 Days+68.8%

Summary: Homes in 13057 had an average of 20 days on market in Mar 2024, up by 68.8% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13057 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 14 homes were sold in 13057; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% 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 18 Days Ago

Newest Listings in 13057, NY

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