Is 12033, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12033 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 12033 has remained a Seller's Market.

Key Takeaway

12033 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12033, NY

How much do homes in 12033, NY cost?

Median Sold Price

$360,000

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$46,500(+14.8%)

Key Takeaway

Homes in 12033 have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in 12033 was $360,000 in November 2024, up 14.8% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$231.9K
N/A
2 $191.5K$145K
-24.3%
3 $291K$325K
+11.7%
4 $362.5K$454K
+25.2%
5+ $444K$465K
+4.7%

Summary: 12033 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 24.3%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Zip Codes

12033
+14.8%
12061
+7.1%
12123
+1.0%

Housing Supply in 12033, NY

How many homes are available in 12033, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3733-10.8%

Summary: The 12033 real estate market had 33 homes for sale in November 2024, a 10.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1211
-8.3%
4 1413
-7.1%
5+ 76
-14.3%

Summary: The 12033 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 decreased by 25%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12033, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 12033 in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.

Days on Market for 12033, NY

How long does it take to sell a home in 12033, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days17 Days+17.5%

Summary: Homes in 12033 had an average of 17 days on market in Nov 2024, up by 17.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12033 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 12033; 75% of homes were sold within 30 days, 25% 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 3 Days Ago

Newest Listings in 12033, NY

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