$4,631 Closing Credit*
$390,000
2,600 SqFt
6 Beds
•2 Full Baths
Yogesh Lachman, Listing Office: Lachman Real Estate Group
Is 12307, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 12307 was a Seller's Market.
Key Takeaway
12307 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 12307, NY
How much do homes in 12307, NY cost?
Median Sold Price
$175,000
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,750(+4.6%)
Key Takeaway
Homes in 12307 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 12307 was $175,000 in October 2024, up 4.6% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $60K | $110K | +83.3% |
| 3 Bedrooms | $159K | $136.4K | -14.2% |
| 4 Bedrooms | $157.9K | $201K | +27.3% |
| 5+ Bedrooms | $176.5K | $197K | +11.6% |
Summary: 12307 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 83.3%, 3 bedroom homes decreased by 14.2%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Zip Codes
| 12305 | $204.9K | $295K | +43.9% |
| 12303 | $230K | $260K | +13.0% |
| 12304 | $205.3K | $225K | +9.6% |
| 12307 | $167.2K | $175K | +4.6% |
| 12308 | $220K | $228K | +3.6% |
Housing Supply in 12307, NY
How many homes are available in 12307, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The 12307 real estate market had 26 homes for sale in October 2024, a 13.0% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 7 | 11 | +57.1% |
Summary: The 12307 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 remained the same, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 12307, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 12307 in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for 12307, NY
How long does it take to sell a home in 12307, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 22 Days | -63.4% |
Summary: Homes in 12307 had an average of 22 days on market in Oct 2024, down by 63.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 12307 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 12307; 75% of homes were sold within 30 days, 25% 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.