Is 13131, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13131 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 13131 was a Buyer's Market.

Key Takeaway

13131 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13131, NY

How much do homes in 13131, NY cost?

Median Sold Price

$189,900

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$21,900(+13.0%)

Key Takeaway

Homes in 13131 have sold for 13% more than they did a year ago.

Summary: The median home sold price in 13131 was $189,900 in March 2024, up 13% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $127K$164K
+29.1%
2 $189.9K$153.7K
-19.1%
3 $175K$215K
+22.9%
4 $147.9K$199.9K
+35.1%
5+ $250K$419.9K
+68.0%

Summary: 13131 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.1%, 2 bedroom homes decreased by 19.1%, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 35.1%, and 5+ bedroom homes increased by 68%.

Median Sold Price Compared To Nearby Zip Codes

13131
+13.0%
13114
+11.5%
13036
-3.9%

Housing Supply in 13131, NY

How many homes are available in 13131, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
911+22.2%

Summary: The 13131 real estate market had 11 homes for sale in March 2024, a 22.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 56
+20.0%
5+ 12
+100.0%

Summary: The 13131 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13131, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 13131 in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 13131, NY

How long does it take to sell a home in 13131, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
6 Days25 Days+322.2%

Summary: Homes in 13131 had an average of 25 days on market in Mar 2024, up by 322.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13131 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in 13131; 67% of homes were sold within 30 days, 33% 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 27 Days Ago

Newest Listings in 13131, NY

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