Is 12075, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12075 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 12075 was a Seller's Market.

Key Takeaway

12075 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 12075, NY

How much do homes in 12075, NY cost?

Median Sold Price

$465,000

$350/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$165,000(+55.0%)

Key Takeaway

Homes in 12075 have sold for 55% more than they did a month ago.

Summary: The median home sold price in 12075 was $465,000 in October 2024, up 55% from last month, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $590K-
N/A
3 $300K$465K
+55.0%
4 $246K-
N/A
5+ --
N/A

Summary: 12075 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 55%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12037
+85.1%
12075
+55.0%
12565
-49.2%

Housing Supply in 12075, NY

How many homes are available in 12075, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The 12075 real estate market had 7 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 46
+50.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The 12075 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 decreased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12075, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 12075 in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 12075, NY

How long does it take to sell a home in 12075, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
59 Days82 Days+39.0%

Summary: Homes in 12075 had an average of 82 days on market in Oct 2024, up by 39% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in 12075 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 12075; 0% of homes were sold within 30 days, 100% 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 5 Days Ago

Newest Listings in 12075, NY

Nearby Markets to 12075, NY