$1,959 Closing Credit*
$165,000
1,800 SqFt
4 Beds
•1 Full Bath, 1 Partial
Lynnette J Butler, Listing Office: Country Boy Realty
Is 12197, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 12197 has remained a Seller's Market.
Key Takeaway
12197 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 12197, NY
How much do homes in 12197, NY cost?
Median Sold Price
$153,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$34,500(-18.4%)
Key Takeaway
Homes in 12197 have sold for 18.4% less than they did a year ago.
Summary: The median home sold price in 12197 was $153,000 in October 2024, down 18.4% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $113.5K | -26.8% |
| 2 Bedrooms | $132.1K | $153K | +15.8% |
| 3 Bedrooms | $185K | $176.3K | -4.7% |
| 4 Bedrooms | $250K | $143.6K | -42.6% |
| 5+ Bedrooms | $292K | - | N/A |
Summary: 12197 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.8%, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 42.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 12155 | $120.5K | $132.5K | +9.9% |
| 12197 | $187.5K | $153K | -18.4% |
Housing Supply in 12197, NY
How many homes are available in 12197, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Summary: The 12197 real estate market had 18 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 12197 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 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 12197, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 12197 in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 12197, NY
How long does it take to sell a home in 12197, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 135 Days | 29 Days | -78.4% |
Summary: Homes in 12197 had an average of 29 days on market in Oct 2024, down by 78.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 12197 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 12197; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.