$4,749 Closing Credit*
$399,900
2,394 SqFt
5 Beds
•3 Full Baths, 1 Partial
Amjad Mughal, Listing Office: MJJ Realty
Is 12302, 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, 12302 has remained a Seller's Market.
Key Takeaway
12302 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 12302, NY
How much do homes in 12302, NY cost?
Median Sold Price
$286,854
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,689(+9.0%)
Key Takeaway
Homes in 12302 have sold for 9% more than they did a year ago.
Summary: The median home sold price in 12302 was $286,854 in October 2024, up 9% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98.5K | $172.5K | +75.1% |
| 2 Bedrooms | $195K | $204K | +4.6% |
| 3 Bedrooms | $260K | $280K | +7.7% |
| 4 Bedrooms | $335K | $330K | -1.5% |
| 5+ Bedrooms | $375K | $350K | -6.7% |
Summary: 12302 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.1%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Zip Codes
| 12305 | $204.9K | $295K | +43.9% |
| 12302 | $263.1K | $286.8K | +9.0% |
| 12027 | $378.2K | $370K | -2.2% |
Housing Supply in 12302, NY
How many homes are available in 12302, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 110 | 95 | -13.6% |
Summary: The 12302 real estate market had 95 homes for sale in October 2024, a 13.6% decrease 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 | 6 | 8 | +33.3% |
| 3 Bedrooms | 61 | 49 | -19.7% |
| 4 Bedrooms | 33 | 31 | -6.1% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The 12302 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 33.3%, 3 bedroom homes decreased by 19.7%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 30 | -3.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 12302, you could pay more than the asking price. 63.3% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in 12302 in October 2024, down by 3.2% month-over-month. Of the 30 sold homes, 17% were sold under asking, 20% were sold at asking, and 63% were sold over asking.
Days on Market for 12302, NY
How long does it take to sell a home in 12302, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 16 Days | 0.2% |
Summary: Homes in 12302 had an average of 16 days on market in Oct 2024, up by 0.2% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 12302 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in 12302; 80% of homes were sold within 30 days, 20% 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.