Is 12183, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12183 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 12183 was a Seller's Market.

Key Takeaway

12183 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 12183, NY

How much do homes in 12183, NY cost?

Median Sold Price

$216,500

$91/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$99,250(+84.6%)

Key Takeaway

Homes in 12183 have sold for 84.6% more than they did a month ago.

Summary: The median home sold price in 12183 was $216,500 in November 2024, up 84.6% from last month, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 --
N/A
5+ $117.2K$216.5K
+84.6%

Summary: 12183 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 84.6%.

Housing Supply in 12183, NY

How many homes are available in 12183, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The 12183 real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 22
0.0%
4 00
0.0%
5+ 43
-25.0%

Summary: The 12183 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

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 12183, 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 12183 in November 2024, down by 50.0% 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 12183, NY

How long does it take to sell a home in 12183, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
4 Days13 Days+188.9%

Summary: Homes in 12183 had an average of 13 days on market in Nov 2024, up by 188.9% compared to last month.

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 12183 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 12183; 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 3 Days Ago

Newest Listings in 12183, NY

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