Is 13624, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13624 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 13624 was a Neutral Market.

Key Takeaway

13624 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 13624, NY

How much do homes in 13624, NY cost?

Median Sold Price

$320,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$36,250(+12.8%)

Key Takeaway

Homes in 13624 have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in 13624 was $320,000 in April 2024, up 12.8% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$353.5K
N/A
2 $160K$180K
+12.5%
3 $273.7K$244K
-10.9%
4 $309.9K$435K
+40.3%
5+ $533K$747.6K
+40.3%

Summary: 13624 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 increased by 12.5%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 40.3%, and 5+ bedroom homes increased by 40.3%.

Median Sold Price Compared To Nearby Zip Codes

13624
+12.8%
13618
-10.9%

Housing Supply in 13624, NY

How many homes are available in 13624, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2625-3.8%

Summary: The 13624 real estate market had 25 homes for sale in April 2024, a 3.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 77
0.0%
4 76
-14.3%
5+ 56
+20.0%

Summary: The 13624 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 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was 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 13624, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 13624 in April 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 13624, NY

How long does it take to sell a home in 13624, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
36 Days91 Days+150.7%

Summary: Homes in 13624 had an average of 91 days on market in Apr 2024, up by 150.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13624 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 13624; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 1 Day Ago

Newest Listings in 13624, NY

Nearby Markets to 13624, NY