Is 12149, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12149 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 12149 has remained a Seller's Market.

Key Takeaway

12149 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12149, NY

How much do homes in 12149, NY cost?

Median Sold Price

$180,000

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$56,000(-23.7%)

Key Takeaway

Homes in 12149 have sold for 23.7% less than they did a year ago.

Summary: The median home sold price in 12149 was $180,000 in October 2024, down 23.7% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $236K$236.2K
0.1%
2 $111.8K$198K
+76.9%
3 $190K$203K
+6.8%
4 $250K$169K
-32.4%
5+ $272.5K$150K
-45.0%

Summary: 12149 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 76.9%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 32.4%, and 5+ bedroom homes decreased by 45%.

Median Sold Price Compared To Nearby Zip Codes

12175
+11.4%
12043
+8.6%
12149
-23.7%

Housing Supply in 12149, NY

How many homes are available in 12149, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1514-6.7%

Summary: The 12149 real estate market had 14 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 64
-33.3%
4 55
0.0%
5+ 11
0.0%

Summary: The 12149 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 increased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12149, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 12149 in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for 12149, NY

How long does it take to sell a home in 12149, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days34 Days-34.1%

Summary: Homes in 12149 had an average of 34 days on market in Oct 2024, down by 34.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12149 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 12149; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 12149, NY

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