Is 12090, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12090 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 12090 has remained a Seller's Market.

Key Takeaway

12090 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12090, NY

How much do homes in 12090, NY cost?

Median Sold Price

$185,000

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,000(+10.1%)

Key Takeaway

Homes in 12090 have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in 12090 was $185,000 in November 2024, up 10.1% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$70K
N/A
2 $110K$130K
+18.2%
3 $150K$200K
+33.3%
4 $205K$214.5K
+4.6%
5+ $212.4K$183K
-13.8%

Summary: 12090 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 13.8%.

Housing Supply in 12090, NY

How many homes are available in 12090, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3223-28.1%

Summary: The 12090 real estate market had 23 homes for sale in November 2024, a 28.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 13
+200.0%
3 149
-35.7%
4 108
-20.0%
5+ 63
-50.0%

Summary: The 12090 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 35.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12090, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 12090 in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 12090, NY

How long does it take to sell a home in 12090, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days18 Days-57.8%

Summary: Homes in 12090 had an average of 18 days on market in Nov 2024, down by 57.8% compared to last year.

Breakdown of Home Sale Times

4 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

Many homes in 12090 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 12090; 80% of homes were sold within 30 days, 20% 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

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