Is 13165, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13165 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 13165 has remained a Seller's Market.

Key Takeaway

13165 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13165, NY

How much do homes in 13165, NY cost?

Median Sold Price

$156,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$4,000(-2.5%)

Key Takeaway

Homes in 13165 have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in 13165 was $156,000 in April 2024, down 2.5% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $115K$98K
-14.8%
3 $160K$156K
-2.5%
4 $160K$185K
+15.6%
5+ $209.9K$144.9K
-30.9%

Summary: 13165 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 2.5%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 30.9%.

Median Sold Price Compared To Nearby Zip Codes

13148
+23.4%
14456
+7.7%
13165
-2.5%

Housing Supply in 13165, NY

How many homes are available in 13165, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1811-38.9%

Summary: The 13165 real estate market had 11 homes for sale in April 2024, a 38.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 75
-28.6%
4 72
-71.4%
5+ 32
-33.3%

Summary: The 13165 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 increased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 71.4%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13165, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 13165 in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 13165, NY

How long does it take to sell a home in 13165, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
34 Days8 Days-75.1%

Summary: Homes in 13165 had an average of 8 days on market in Apr 2024, down by 75.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13165 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 13165; 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.

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

Report Updated 3 Days Ago

Newest Listings in 13165, NY

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