Is 13424, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13424 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 13424 has remained a Seller's Market.

Key Takeaway

13424 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13424, NY

How much do homes in 13424, NY cost?

Median Sold Price

$198,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$1,000(+0.5%)

Key Takeaway

Homes in 13424 have sold for 0.5% more than they did a year ago.

Summary: The median home sold price in 13424 was $198,000 in April 2024, up 0.5% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $155K-
N/A
3 $200K$196K
-2.0%
4 $225K$200K
-11.1%
5+ $166.5K$181K
+8.7%

Summary: 13424 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 did not change, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 8.7%.

Median Sold Price Compared To Nearby Zip Codes

13492
+20.6%
13440
+3.2%
13424
0.5%

Housing Supply in 13424, NY

How many homes are available in 13424, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
79+28.6%

Summary: The 13424 real estate market had 9 homes for sale in April 2024, a 28.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 44
0.0%
5+ 01
+100.0%

Summary: The 13424 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13424, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 13424 in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 13424, NY

How long does it take to sell a home in 13424, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
88 Days16 Days-81.0%

Summary: Homes in 13424 had an average of 16 days on market in Apr 2024, down by 81% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13424 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 13424; 75% of homes were sold within 30 days, 25% 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 13424, NY

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