Is 12170, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12170 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 12170 was a Seller's Market.

Key Takeaway

12170 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12170, NY

How much do homes in 12170, NY cost?

Median Sold Price

$318,749

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,824(-0.9%)

Key Takeaway

Homes in 12170 have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in 12170 was $318,749 in October 2024, down 0.9% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $225.4K$314.9K
+39.7%
3 $300K$290.2K
-3.3%
4 $335K$590K
+76.1%
5+ $432.4K$342.5K
-20.8%

Summary: 12170 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 39.7%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 76.1%, and 5+ bedroom homes decreased by 20.8%.

Median Sold Price Compared To Nearby Zip Codes

12118
+7.3%
12866
+4.8%
12170
-0.9%

Housing Supply in 12170, NY

How many homes are available in 12170, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1214+16.7%

Summary: The 12170 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 00
0.0%
2 10
-100.0%
3 77
0.0%
4 36
+100.0%
5+ 11
0.0%

Summary: The 12170 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12170, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 12170 in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 12170, NY

How long does it take to sell a home in 12170, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days2 Days-94.0%

Summary: Homes in 12170 had an average of 2 days on market in Oct 2024, down by 94% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12170 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 12170; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in 12170, NY

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