$75,000
1.00 Acres
Land
Kathleen M Gordon, Listing Office: Inglenook Realty Inc
Is 12074, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 12074 has remained a Seller's Market.
Key Takeaway
12074 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 12074, NY
How much do homes in 12074, NY cost?
Median Sold Price
$339,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$33,000(+10.8%)
Key Takeaway
Homes in 12074 have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in 12074 was $339,000 in November 2024, up 10.8% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132.5K | $205K | +54.7% |
| 2 Bedrooms | $260.1K | $185K | -28.9% |
| 3 Bedrooms | $302K | $344.9K | +14.2% |
| 4 Bedrooms | $440K | $407.5K | -7.4% |
| 5+ Bedrooms | $410K | $201.2K | -50.9% |
Summary: 12074 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.7%, 2 bedroom homes decreased by 28.9%, 3 bedroom homes increased by 14.2%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 50.9%.
Median Sold Price Compared To Nearby Zip Codes
| 12025 | $185K | $230.7K | +24.7% |
| 12010 | $174K | $193K | +10.9% |
| 12074 | $306K | $339K | +10.8% |
| 12086 | $258.5K | $247.5K | -4.3% |
Housing Supply in 12074, NY
How many homes are available in 12074, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The 12074 real estate market had 14 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 12074 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 12074, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 12074 in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for 12074, NY
How long does it take to sell a home in 12074, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 6 Days | -22.9% |
Summary: Homes in 12074 had an average of 6 days on market in Nov 2024, down by 22.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 12074 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 12074; 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.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.