Is 12068, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12068 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 12068 was a Seller's Market.

Key Takeaway

12068 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12068, NY

How much do homes in 12068, NY cost?

Median Sold Price

$206,895

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,945(+7.2%)

Key Takeaway

Homes in 12068 have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in 12068 was $206,895 in October 2024, up 7.2% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $239.9K-
N/A
2 $203K-
N/A
3 $165K$198.7K
+20.5%
4 $347.5K$300K
-13.7%
5+ $106K$182.5K
+72.2%

Summary: 12068 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 increased by 20.5%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes increased by 72.2%.

Median Sold Price Compared To Nearby Zip Codes

12095
+22.2%
12068
+7.2%
12072
+2.7%

Housing Supply in 12068, NY

How many homes are available in 12068, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
139-30.8%

Summary: The 12068 real estate market had 9 homes for sale in October 2024, a 30.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 64
-33.3%
4 53
-40.0%
5+ 22
0.0%

Summary: The 12068 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12068, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 12068 in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 12068, NY

How long does it take to sell a home in 12068, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
57 Days24 Days-57.9%

Summary: Homes in 12068 had an average of 24 days on market in Oct 2024, down by 57.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 12068 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 12068; 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 23 Days Ago

Newest Listings in 12068, NY

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