Is 12154, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12154 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 12154 was a Seller's Market.

Key Takeaway

12154 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 12154, NY

How much do homes in 12154, NY cost?

Median Sold Price

$377,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$82,000(+27.8%)

Key Takeaway

Homes in 12154 have sold for 27.8% more than they did a year ago.

Summary: The median home sold price in 12154 was $377,000 in November 2024, up 27.8% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $209K-
N/A
2 $220.5K-
N/A
3 $320K$350K
+9.4%
4 $343K$422.5K
+23.2%
5+ $290K$510K
+75.9%

Summary: 12154 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 increased by 9.4%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes increased by 75.9%.

Median Sold Price Compared To Nearby Zip Codes

12154
+27.8%
12118
+12.7%
12121
0.0%

Housing Supply in 12154, NY

How many homes are available in 12154, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1012+20.0%

Summary: The 12154 real estate market had 12 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 54
-20.0%
4 25
+150.0%
5+ 11
0.0%

Summary: The 12154 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 decreased by 20%, 4 bedroom homes increased by 150%, 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 12154, 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 12154 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 12154, NY

How long does it take to sell a home in 12154, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
69 Days66 Days-4.3%

Summary: Homes in 12154 had an average of 66 days on market in Nov 2024, down by 4.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 12154 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 12154; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

Newest Listings in 12154, NY

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