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 December 2023

At the same time last year, 12068 was a Neutral 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

$194,000

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$16,500(-7.8%)

Key Takeaway

Homes in 12068 have sold for 7.8% less than they did a year ago.

Summary: The median home sold price in 12068 was $194,000 in December 2024, down 7.8% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $239.9K-
N/A
2 $203K-
N/A
3 $196K$194K
-1.0%
4 $347.5K$242.5K
-30.2%
5+ -$182.5K
N/A

Summary: 12068 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 did not change, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 30.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12095
+8.3%
12068
-7.8%

Housing Supply in 12068, NY

How many homes are available in 12068, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1210-16.7%

Summary: The 12068 real estate market had 10 homes for sale in December 2024, a 16.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 55
0.0%
5+ 21
-50.0%

Summary: The 12068 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
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12068, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 12068 in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 12068, NY

We’re sorry, we don't have information for this market at the moment

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 December 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 4 Days Ago

Newest Listings in 12068, NY

Nearby Markets to 12068, NY