Is 13208, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 13208 was a Buyer's Market.
Key Takeaway
13208 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 13208, NY
How much do homes in 13208, NY cost?
Median Sold Price
$125,000
$83/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 13208 have sold for 7.4% less than they did a year ago.
Summary: The median home sold price in 13208 was $125,000 in March 2024, down 7.4% from last year, and the median price per square foot was $83.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62K | $63.5K | +2.4% |
| 2 Bedrooms | $111K | $123K | +10.8% |
| 3 Bedrooms | $142.7K | $145.4K | +1.9% |
| 4 Bedrooms | $150K | $110K | -26.7% |
| 5+ Bedrooms | $126.3K | $110K | -12.9% |
Summary: 13208 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 12.9%.
Housing Supply in 13208, NY
How many homes are available in 13208, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 85 | 85 | 0.0% |
Summary: The 13208 real estate market had 85 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 37 | 32 | -13.5% |
| 4 Bedrooms | 15 | 18 | +20.0% |
| 5+ Bedrooms | 22 | 26 | +18.2% |
Summary: The 13208 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 decreased by 20%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 14 | -30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 13208, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 13208 in March 2024, down by 30.0% month-over-month. Of the 14 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% were sold over asking.
Days on Market for 13208, NY
How long does it take to sell a home in 13208, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 27 Days | -31.9% |
Summary: Homes in 13208 had an average of 27 days on market in Mar 2024, down by 31.9% compared to last year.
Breakdown of Home Sale Times
11 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 13208 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in 13208; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
