Is 13421, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 13421 has remained a Seller's Market.
Key Takeaway
13421 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 13421, NY
How much do homes in 13421, NY cost?
Median Sold Price
$153,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 13421 have sold for 10% less than they did a year ago.
Summary: The median home sold price in 13421 was $153,000 in March 2024, down 10% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $19K | N/A |
| 2 Bedrooms | $120K | $130K | +8.3% |
| 3 Bedrooms | $174.9K | $170K | -2.8% |
| 4 Bedrooms | $237.5K | $150K | -36.8% |
| 5+ Bedrooms | $245K | $185K | -24.5% |
Summary: 13421 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 36.8%, and 5+ bedroom homes decreased by 24.5%.
Housing Supply in 13421, NY
How many homes are available in 13421, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 45 | 39 | -13.3% |
Summary: The 13421 real estate market had 39 homes for sale in March 2024, a 13.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 10 | 5 | -50.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 13421 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 13421, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 13421 in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for 13421, NY
How long does it take to sell a home in 13421, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 24 Days | 20 Days | -16.4% |
Summary: Homes in 13421 had an average of 20 days on market in Mar 2024, down by 16.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 13421 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in 13421; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
