Is 12094, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12094 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 12094 has remained a Seller's Market.

Key Takeaway

12094 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12094, NY

How much do homes in 12094, NY cost?

Median Sold Price

$293,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$40,750(-12.2%)

Key Takeaway

Homes in 12094 have sold for 12.2% less than they did a year ago.

Summary: The median home sold price in 12094 was $293,000 in December 2024, down 12.2% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $235K$200.8K
-14.5%
3 $272K$302K
+11.0%
4 $355K$231K
-34.9%
5+ $465K-
N/A

Summary: 12094 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 decreased by 14.5%, 3 bedroom homes increased by 11%, 4 bedroom homes decreased by 34.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12180
+6.6%
12090
0.0%
12094
-12.2%

Housing Supply in 12094, NY

How many homes are available in 12094, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
74-42.9%

Summary: The 12094 real estate market had 4 homes for sale in December 2024, a 42.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 32
-33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The 12094 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 decreased by 66.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

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 12094, 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 12094 in December 2024, the same as the previous 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 12094, NY

How long does it take to sell a home in 12094, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
38 Days41 Days+7.9%

Summary: Homes in 12094 had an average of 41 days on market in Dec 2024, up by 7.9% compared to last year.

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 12094 has remained consistent over time.

Summary: During December 2024, 1 homes were sold in 12094; 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 4 Days Ago

Newest Listings in 12094, NY

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