Is 12010, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12010 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 12010 has remained a Seller's Market.

Key Takeaway

12010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12010, NY

How much do homes in 12010, NY cost?

Median Sold Price

$199,950

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$25,050(+14.3%)

Key Takeaway

Homes in 12010 have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in 12010 was $199,950 in December 2024, up 14.3% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $150K$127.2K
-15.2%
2 $190K$175K
-7.9%
3 $217.1K$224.9K
+3.6%
4 $197K$222K
+12.7%
5+ $130K$171.8K
+32.2%

Summary: 12010 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.2%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 32.2%.

Housing Supply in 12010, NY

How many homes are available in 12010, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
11286-23.2%

Summary: The 12010 real estate market had 86 homes for sale in December 2024, a 23.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1610
-37.5%
3 4631
-32.6%
4 2922
-24.1%
5+ 2123
+9.5%

Summary: The 12010 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 decreased by 37.5%, 3 bedroom homes decreased by 32.6%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes increased by 9.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3924-38.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12010, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 12010 in December 2024, down by 38.5% month-over-month. Of the 24 sold homes, 46% were sold under asking, 13% were sold at asking, and 42% were sold over asking.

Days on Market for 12010, NY

How long does it take to sell a home in 12010, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
38 Days28 Days-25.8%

Summary: Homes in 12010 had an average of 28 days on market in Dec 2024, down by 25.8% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12010 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 24 homes were sold in 12010; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% 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 6 Days Ago

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