Is 12065, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12065 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 12065 has remained a Seller's Market.

Key Takeaway

12065 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12065, NY

How much do homes in 12065, NY cost?

Median Sold Price

$446,333

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,333(+5.0%)

Key Takeaway

Homes in 12065 have sold for 5% more than they did a year ago.

Summary: The median home sold price in 12065 was $446,333 in November 2024, up 5% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$174.2K
N/A
2 $248K$257.4K
+3.8%
3 $402.5K$405K
+0.6%
4 $480K$511.1K
+6.5%
5+ $575K$497.6K
-13.5%

Summary: 12065 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 3.8%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 13.5%.

Median Sold Price Compared To Nearby Zip Codes

12118
+12.7%
12188
+8.4%
12065
+5.0%

Housing Supply in 12065, NY

How many homes are available in 12065, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
144111-22.9%

Summary: The 12065 real estate market had 111 homes for sale in November 2024, a 22.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3029
-3.3%
3 5430
-44.4%
4 5142
-17.6%
5+ 910
+11.1%

Summary: The 12065 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 3.3%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
37370.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12065, you could pay more than the asking price. 51.4% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in 12065 in November 2024, the same as the previous month. Of the 37 sold homes, 27% were sold under asking, 22% were sold at asking, and 51% were sold over asking.

Days on Market for 12065, NY

How long does it take to sell a home in 12065, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days17 Days+38.1%

Summary: Homes in 12065 had an average of 17 days on market in Nov 2024, up by 38.1% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12065 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 37 homes were sold in 12065; 81% of homes were sold within 30 days, 19% 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 12065, NY

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