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 December 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

$260,333

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$14,333(+5.8%)

Key Takeaway

Homes in 12144 have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in 12144 was $260,333 in December 2024, up 5.8% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$138K
N/A
2 $224.5K$235K
+4.7%
3 $265K$270K
+1.9%
4 $285K$274.9K
-3.5%
5+ $247.5K$320K
+29.3%

Summary: 12144 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 increased by 4.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 29.3%.

Median Sold Price Compared To Nearby Zip Codes

12144
+5.8%
12061
+4.4%
12202
0.0%
12204
-16.7%

Housing Supply in 12144, NY

How many homes are available in 12144, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6851-25.0%

Summary: The 12144 real estate market had 51 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 106
-40.0%
3 3328
-15.2%
4 1611
-31.3%
5+ 96
-33.3%

Summary: The 12144 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 40%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2521-16.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 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. 42.9% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in 12144 in December 2024, down by 16.0% month-over-month. Of the 21 sold homes, 33% were sold under asking, 24% were sold at asking, and 43% 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

Dec 2023Dec 2024CHANGE
9 Days22 Days+144.5%

Summary: Homes in 12144 had an average of 22 days on market in Dec 2024, up by 144.5% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 December 2024, 21 homes were sold in 12144; 86% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% 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 2 Days Ago

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