Is 13502, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 13502 has remained a Neutral Market.
Key Takeaway
13502 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 13502, NY
How much do homes in 13502, NY cost?
Median Sold Price
$165,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 13502 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 13502 was $165,000 in April 2024, up 3.4% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $59.3K | $127.5K | +114.8% |
| 2 Bedrooms | $130K | $142K | +9.2% |
| 3 Bedrooms | $160K | $172.4K | +7.8% |
| 4 Bedrooms | $165.1K | $155K | -6.1% |
| 5+ Bedrooms | $110.2K | $136.4K | +23.7% |
Summary: 13502 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 114.8%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 23.7%.
Median Sold Price Compared To Nearby Zip Codes
| 13502 | $159.6K | $165K | +3.4% |
| 13501 | $189K | $170K | -10.1% |
Housing Supply in 13502, NY
How many homes are available in 13502, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 75 | 62 | -17.3% |
Summary: The 13502 real estate market had 62 homes for sale in April 2024, a 17.3% 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 | 8 | 7 | -12.5% |
| 3 Bedrooms | 29 | 20 | -31.0% |
| 4 Bedrooms | 22 | 18 | -18.2% |
| 5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The 13502 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 decreased by 12.5%, 3 bedroom homes decreased by 31%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 13502, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 13502 in April 2024, down by 23.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 13502, NY
How long does it take to sell a home in 13502, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 18 Days | -65.2% |
Summary: Homes in 13502 had an average of 18 days on market in Apr 2024, down by 65.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 13502 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in 13502; 90% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
