Is 12009, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12009 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 12009 has remained a Seller's Market.

Key Takeaway

12009 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12009, NY

How much do homes in 12009, NY cost?

Median Sold Price

$380,750

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$40,750(+12.0%)

Key Takeaway

Homes in 12009 have sold for 12% more than they did a year ago.

Summary: The median home sold price in 12009 was $380,750 in December 2024, up 12% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $288.7K$198.5K
-31.3%
3 $335K$345K
+3.0%
4 $418.7K$500K
+19.4%
5+ $398.8K$425K
+6.6%

Summary: 12009 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.3%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 6.6%.

Median Sold Price Compared To Nearby Zip Codes

12009
+12.0%
12186
0%

Housing Supply in 12009, NY

How many homes are available in 12009, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2617-34.6%

Summary: The 12009 real estate market had 17 homes for sale in December 2024, a 34.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 146
-57.1%
4 76
-14.3%
5+ 22
0.0%

Summary: The 12009 housing inventory by bedroom type for December 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 57.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12009, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 12009 in December 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for 12009, NY

How long does it take to sell a home in 12009, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
12 Days25 Days+98.7%

Summary: Homes in 12009 had an average of 25 days on market in Dec 2024, up by 98.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 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 12009 has remained consistent over time.

Summary: During December 2024, 7 homes were sold in 12009; 43% of homes were sold within 30 days, 57% 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 5 Days Ago

Newest Listings in 12009, NY

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