Is 12121, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12121 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 12121 has remained a Seller's Market.

Key Takeaway

12121 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12121, NY

How much do homes in 12121, NY cost?

Median Sold Price

$275,000

$170/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 12121 has remained the same since last year.

Summary: The median home sold price in 12121 was $275,000 in November 2024, the same as last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $275K$275K
0.0%
3 $275K$248.2K
-9.7%
4 $164.3K$410K
+149.5%
5+ $485K$439.2K
-9.4%

Summary: 12121 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 did not change, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 149.5%, and 5+ bedroom homes decreased by 9.4%.

Median Sold Price Compared To Nearby Zip Codes

12154
+27.8%
12182
+14.0%
12188
+8.4%
12121
0.0%

Housing Supply in 12121, NY

How many homes are available in 12121, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
550.0%

Summary: The 12121 real estate market had 5 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 22
0.0%
4 01
+100.0%
5+ 22
0.0%

Summary: The 12121 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 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 12121, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 12121 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 12121, NY

How long does it take to sell a home in 12121, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days8 Days+54.5%

Summary: Homes in 12121 had an average of 8 days on market in Nov 2024, up by 54.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12121 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 12121; 100% of homes were sold within 30 days, 0% 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 3 Days Ago

Newest Listings in 12121, NY

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