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 November 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

$355,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+4.4%)

Key Takeaway

Homes in 12009 have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in 12009 was $355,000 in November 2024, up 4.4% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $210K$171.2K
-18.5%
3 $313.4K$340K
+8.5%
4 $442.6K$437.5K
-1.2%
5+ $398.8K$470.5K
+18.0%

Summary: 12009 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.5%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 18%.

Median Sold Price Compared To Nearby Zip Codes

12056
+16.8%
12009
+4.4%
12186
-1.9%

Housing Supply in 12009, NY

How many homes are available in 12009, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2522-12.0%

Summary: The 12009 real estate market had 22 homes for sale in November 2024, a 12.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 1410
-28.6%
4 76
-14.3%
5+ 23
+50.0%

Summary: The 12009 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

0 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, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 12009 in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
16 Days9 Days-43.8%

Summary: Homes in 12009 had an average of 9 days on market in Nov 2024, down by 43.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12009 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 12009; 100% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in 12009, NY

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