Is 13088, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13088 is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, 13088 has remained a Seller's Market.

Key Takeaway

13088 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 13088, NY cost?

Median Sold Price

$199,000

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$31,000(+18.5%)

Key Takeaway

Homes in 13088 have sold for 18.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $88K$107.5K
+22.2%
2 $130K$155K
+19.2%
3 $167K$190K
+13.8%
4 $190K$250K
+31.6%
5+ $320K$275K
-14.1%

Median Sold Price Compared To Nearby Zip Codes

13088
+18.5%
13212
+11.1%
13090
+8.3%
13208
+7.2%
13211
+7.1%

How many homes are available in 13088, NY?

Number of Homes For Sale

Dec 2022Jan 2023%
6247-24.2%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 87
-12.5%
3 3929
-25.6%
4 1311
-15.4%
5+ 20
-100.0%

Number of Homes Sold

Dec 2022Jan 2023%
2417-29.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13088, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Average Sale Time

Jan 2022Jan 2023%
12 Days20 Days+64.0%

Breakdown of Home Sale Times

14 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 13088 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 13088, NY

Homes for sale in 13088, NY have reached 47. The number of listings in 13088, NY decreased by 24.2% between December 2022 and January 2023. In January 2023, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $199,000. Listing prices have changed in this real estate market between December 2022 and January 2023: prices of 1 bedroom properties went up by 22.2%, 2 bedrooms properties prices increased by 19.2%, 3 bedrooms properties prices increased by 13.8%, prices of 4 bedrooms properties went up by 31.6%, prices of 5 bedrooms properties decreased by 14.1%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 12.5%, number of 3 bedrooms homes decreased by 25.6%, the quantity of 4 bedrooms homes went down by 15.4%, volume of 5 bedrooms homes went down by 100%. Over 8 listings were sold over their listed price in January 2023 in 13088, NY. In the same period over 6 listings were sold below the listed price and 3 listings were sold for the listed price.