Is 12015, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12015 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 12015 has remained a Seller's Market.

Key Takeaway

12015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12015, NY

How much do homes in 12015, NY cost?

Median Sold Price

$347,500

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$347,500(-50.0%)

Key Takeaway

Homes in 12015 have sold for 50% less than they did a year ago.

Summary: The median home sold price in 12015 was $347,500 in October 2024, down 50% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$220.5K
N/A
3 $715K$347.5K
-51.4%
4 $675K$440K
-34.8%
5+ $642K$302.5K
-52.9%

Summary: 12015 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 51.4%, 4 bedroom homes decreased by 34.8%, and 5+ bedroom homes decreased by 52.9%.

Median Sold Price Compared To Nearby Zip Codes

12534
+24.8%
12414
+20.0%
12015
-50.0%

Housing Supply in 12015, NY

How many homes are available in 12015, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1816-11.1%

Summary: The 12015 real estate market had 16 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 1413
-7.1%
4 12
+100.0%
5+ 00
0.0%

Summary: The 12015 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12015, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 12015 in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 12015, NY

How long does it take to sell a home in 12015, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
93 Days9 Days-90.4%

Summary: Homes in 12015 had an average of 9 days on market in Oct 2024, down by 90.4% compared to last year.

Breakdown of Home Sale Times

3 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 12015 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 12015; 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 4 Days Ago

Newest Listings in 12015, NY

Nearby Markets to 12015, NY