Is 13203, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 13203 was a Buyer's Market.
Key Takeaway
13203 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 13203, NY
How much do homes in 13203, NY cost?
Median Sold Price
$137,500
$80/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 13203 have sold for 5.2% less than they did a year ago.
Summary: The median home sold price in 13203 was $137,500 in April 2024, down 5.2% from last year, and the median price per square foot was $80.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $42.5K | - | N/A |
| 2 Bedrooms | $113K | $95K | -15.9% |
| 3 Bedrooms | $125.5K | $140K | +11.6% |
| 4 Bedrooms | $176K | $140K | -20.5% |
| 5+ Bedrooms | $342.5K | $145K | -57.7% |
Summary: 13203 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 15.9%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes decreased by 57.7%.
Housing Supply in 13203, NY
How many homes are available in 13203, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 | 43 | -14.0% |
Summary: The 13203 real estate market had 43 homes for sale in April 2024, a 14.0% decrease 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 24 | 18 | -25.0% |
Summary: The 13203 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 30%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 13203, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 13203 in April 2024, down by 36.4% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 13203, NY
How long does it take to sell a home in 13203, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 8 Days | 52 Days | +492.5% |
Summary: Homes in 13203 had an average of 52 days on market in Apr 2024, up by 492.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 13203 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in 13203; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
