Is 13612, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13612 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 13612 has remained a Seller's Market.

Key Takeaway

13612 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13612, NY

How much do homes in 13612, NY cost?

Median Sold Price

$253,500

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$13,500(+5.6%)

Key Takeaway

Homes in 13612 have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in 13612 was $253,500 in April 2024, up 5.6% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$160K
N/A
3 $207.4K$250K
+20.5%
4 $260.9K$257.5K
-1.3%
5+ $289.9K$310K
+6.9%

Summary: 13612 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 increased by 20.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 6.9%.

Housing Supply in 13612, NY

How many homes are available in 13612, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1417+21.4%

Summary: The 13612 real estate market had 17 homes for sale in April 2024, a 21.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 54
-20.0%
4 47
+75.0%
5+ 34
+33.3%

Summary: The 13612 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 decreased by 20%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13612, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 13612 in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 13612, NY

How long does it take to sell a home in 13612, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
18 Days47 Days+157.5%

Summary: Homes in 13612 had an average of 47 days on market in Apr 2024, up by 157.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13612 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in 13612; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 7 Days Ago

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