Is 12144, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12144 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 12144 has remained a Seller's Market.

Key Takeaway

12144 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12144, NY

How much do homes in 12144, NY cost?

Median Sold Price

$255,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,000(+4.9%)

Key Takeaway

Homes in 12144 have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in 12144 was $255,000 in October 2024, up 4.9% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$138K
N/A
2 $222K$236.2K
+6.4%
3 $260K$260K
0.0%
4 $282.5K$290K
+2.7%
5+ $250K$295K
+18.0%

Summary: 12144 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 18%.

Median Sold Price Compared To Nearby Zip Codes

12144
+4.9%
12061
+0.8%
12202
-3.9%
12204
-15.2%

Housing Supply in 12144, NY

How many homes are available in 12144, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6962-10.1%

Summary: The 12144 real estate market had 62 homes for sale in October 2024, a 10.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 139
-30.8%
3 3134
+9.7%
4 1711
-35.3%
5+ 77
0.0%

Summary: The 12144 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 30.8%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 35.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1015+50.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12144, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in 12144 in October 2024, up by 50.0% month-over-month. Of the 15 sold homes, 33% were sold under asking, 13% were sold at asking, and 53% were sold over asking.

Days on Market for 12144, NY

How long does it take to sell a home in 12144, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days20 Days-17.6%

Summary: Homes in 12144 had an average of 20 days on market in Oct 2024, down by 17.6% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12144 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 15 homes were sold in 12144; 73% of homes were sold within 30 days, 27% 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 12144, NY

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