Is 13838, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13838 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 13838 was a Neutral Market.

Key Takeaway

13838 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13838, NY

How much do homes in 13838, NY cost?

Median Sold Price

$129,450

$105/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$32,450(+33.5%)

Key Takeaway

Homes in 13838 have sold for 33.5% more than they did a month ago.

Summary: The median home sold price in 13838 was $129,450 in April 2024, up 33.5% from last month, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $97K$102.5K
+5.7%
3 $110K$148.9K
+35.4%
4 $62.5K$240K
+284.0%
5+ --
N/A

Summary: 13838 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 35.4%, 4 bedroom homes increased by 284%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

13733
+131.1%
13849
+95.4%
13838
+33.5%

Housing Supply in 13838, NY

How many homes are available in 13838, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1916-15.8%

Summary: The 13838 real estate market had 16 homes for sale in April 2024, a 15.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 65
-16.7%
4 43
-25.0%
5+ 33
0.0%

Summary: The 13838 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 16.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13838, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 13838 in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 13838, NY

How long does it take to sell a home in 13838, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
80 Days32 Days-60.2%

Summary: Homes in 13838 had an average of 32 days on market in Apr 2024, down by 60.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 13838 has remained consistent over time.

Summary: During April 2024, 4 homes were sold in 13838; 25% of homes were sold within 30 days, 75% 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 17 Days Ago

Newest Listings in 13838, NY

Nearby Markets to 13838, NY