Is 13078, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 13078 has remained a Seller's Market.
Key Takeaway
13078 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 13078, NY
How much do homes in 13078, NY cost?
Median Sold Price
$402,500
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 13078 have sold for 18.4% more than they did a year ago.
Summary: The median home sold price in 13078 was $402,500 in April 2024, up 18.4% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | - | N/A |
| 2 Bedrooms | $305K | $260K | -14.8% |
| 3 Bedrooms | $278K | $275K | -1.1% |
| 4 Bedrooms | $470K | $429.9K | -8.5% |
| 5+ Bedrooms | $564.4K | $635K | +12.5% |
Summary: 13078 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 decreased by 14.8%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 12.5%.
Housing Supply in 13078, NY
How many homes are available in 13078, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 37 | +2.8% |
Summary: The 13078 real estate market had 37 homes for sale in April 2024, a 2.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 20 | 21 | +5.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 13078 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 37.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 13078, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 13078 in April 2024, up by 150.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 13078, NY
How long does it take to sell a home in 13078, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 38 Days | +156.8% |
Summary: Homes in 13078 had an average of 38 days on market in Apr 2024, up by 156.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 13078 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in 13078; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
