Is 12019, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12019 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 12019 has remained a Seller's Market.

Key Takeaway

12019 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12019, NY

How much do homes in 12019, NY cost?

Median Sold Price

$490,000

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$44,800(+10.1%)

Key Takeaway

Homes in 12019 have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in 12019 was $490,000 in November 2024, up 10.1% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $300K-
N/A
2 $280K$310K
+10.7%
3 $440K$475K
+8.0%
4 $470K$532K
+13.2%
5+ $428.8K$450K
+4.9%

Summary: 12019 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 increased by 10.7%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Zip Codes

12019
+10.1%
12302
+9.4%
12020
+4.2%
12027
-8.6%

Housing Supply in 12019, NY

How many homes are available in 12019, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6154-11.5%

Summary: The 12019 real estate market had 54 homes for sale in November 2024, a 11.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2219
-13.6%
4 2422
-8.3%
5+ 1210
-16.7%

Summary: The 12019 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 remained the same, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1321+61.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12019, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in 12019 in November 2024, up by 61.5% month-over-month. Of the 21 sold homes, 24% were sold under asking, 19% were sold at asking, and 57% were sold over asking.

Days on Market for 12019, NY

How long does it take to sell a home in 12019, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days25 Days+24.8%

Summary: Homes in 12019 had an average of 25 days on market in Nov 2024, up by 24.8% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12019 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 21 homes were sold in 12019; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% 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 12019, NY

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