Is 13206, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13206 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 13206 was a Seller's Market.

Key Takeaway

13206 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 13206, NY

How much do homes in 13206, NY cost?

Median Sold Price

$165,000

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,500(+14.2%)

Key Takeaway

Homes in 13206 have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in 13206 was $165,000 in March 2024, up 14.2% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $93K$125K
+34.4%
2 $125K$120K
-4.0%
3 $150K$160K
+6.7%
4 $154.9K$176K
+13.6%
5+ $227.5K$210K
-7.7%

Summary: 13206 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 7.7%.

Median Sold Price Compared To Nearby Zip Codes

13206
+14.2%
13224
+11.8%
13211
+9.5%
13203
-3.6%
13208
-7.4%

Housing Supply in 13206, NY

How many homes are available in 13206, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5435-35.2%

Summary: The 13206 real estate market had 35 homes for sale in March 2024, a 35.2% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 2710
-63.0%
4 107
-30.0%
5+ 99
0.0%

Summary: The 13206 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 increased by 12.5%, 3 bedroom homes decreased by 63%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
205-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13206, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 13206 in March 2024, down by 75.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for 13206, NY

How long does it take to sell a home in 13206, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
25 Days6 Days-76.6%

Summary: Homes in 13206 had an average of 6 days on market in Mar 2024, down by 76.6% compared to last year.

Breakdown of Home Sale Times

5 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 13206 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in 13206; 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 26 Days Ago

Newest Listings in 13206, NY

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