Is 12155, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12155 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 12155 was a Seller's Market.

Key Takeaway

12155 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12155, NY

How much do homes in 12155, NY cost?

Median Sold Price

$132,500

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,975(+9.9%)

Key Takeaway

Homes in 12155 have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in 12155 was $132,500 in October 2024, up 9.9% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $100K-
N/A
2 $102.9K$105K
+1.9%
3 $184.5K$115K
-37.7%
4 $169K$118.2K
-30.0%
5+ $179K$374K
+108.9%

Summary: 12155 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 1.9%, 3 bedroom homes decreased by 37.7%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 108.9%.

Median Sold Price Compared To Nearby Zip Codes

12155
+9.9%
12197
-18.4%

Housing Supply in 12155, NY

How many homes are available in 12155, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1214+16.7%

Summary: The 12155 real estate market had 14 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 12
+100.0%
3 23
+50.0%
4 56
+20.0%
5+ 10
-100.0%

Summary: The 12155 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12155, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 12155 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 12155, NY

How long does it take to sell a home in 12155, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
60 Days125 Days+108.3%

Summary: Homes in 12155 had an average of 125 days on market in Oct 2024, up by 108.3% compared to last year.

Breakdown of Home Sale Times

0 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

Most homes in 12155 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in 12155; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 23 Days Ago

Newest Listings in 12155, NY

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