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 21 Days Ago

Newest Listings in 12075, NY

Nearby Markets to 12075, NY