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 21 Days Ago

Newest Listings in 12015, NY

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