$4,156 Closing Credit*
$350,000
1,577 SqFt
4 Beds
•3 Full Baths
Tim Mullinnex, Listing Office: Keller Williams Upstate NY Properties
Is 12116, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 12116 was a Seller's Market.
Key Takeaway
12116 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 12116, NY
How much do homes in 12116, NY cost?
Median Sold Price
$225,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+28.6%)
Key Takeaway
Homes in 12116 have sold for 28.6% more than they did a year ago.
Summary: The median home sold price in 12116 was $225,000 in November 2024, up 28.6% 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 | - | - | N/A |
| 2 Bedrooms | $167K | $42K | -74.9% |
| 3 Bedrooms | $214K | $232K | +8.4% |
| 4 Bedrooms | $63.5K | $225K | +254.3% |
| 5+ Bedrooms | $222.5K | - | N/A |
Summary: 12116 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 decreased by 74.9%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 254.3%, and 5+ bedroom homes did not change.
Housing Supply in 12116, NY
How many homes are available in 12116, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The 12116 real estate market had 15 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 | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 12116 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 12116, 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 12116 in November 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 12116, NY
How long does it take to sell a home in 12116, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 78 Days | 47 Days | -40.1% |
Summary: Homes in 12116 had an average of 47 days on market in Nov 2024, down by 40.1% 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
Key Takeaway
Avg time on Rocket Homes in 12116 has remained consistent over time.
Summary: During November 2024, 1 homes were sold in 12116; 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.
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.