Is 12057, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12057 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 12057 has remained a Seller's Market.

Key Takeaway

12057 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12057, NY

How much do homes in 12057, NY cost?

Median Sold Price

$295,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$129,250(+78.0%)

Key Takeaway

Homes in 12057 have sold for 78% more than they did a year ago.

Summary: The median home sold price in 12057 was $295,000 in December 2024, up 78% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$56K
N/A
2 $195K$200.9K
+3.0%
3 $171.5K$307K
+79.0%
4 $331.7K$190K
-42.7%
5+ $55K-
N/A

Summary: 12057 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 79%, 4 bedroom homes decreased by 42.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12057
+78.0%
12816
+1.6%
12090
0.0%

Housing Supply in 12057, NY

How many homes are available in 12057, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
108-20.0%

Summary: The 12057 real estate market had 8 homes for sale in December 2024, a 20.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 43
-25.0%
4 22
0.0%
5+ 21
-50.0%

Summary: The 12057 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were 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 12057, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 12057 in December 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 12057, NY

How long does it take to sell a home in 12057, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
28 Days38 Days+35.1%

Summary: Homes in 12057 had an average of 38 days on market in Dec 2024, up by 35.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12057 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in 12057; 50% of homes were sold within 30 days, 50% 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 8 Days Ago

Newest Listings in 12057, NY

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