$4,750 Closing Credit*
$400,000
1,106 SqFt
3 Beds
•2 Full Baths
Listing Office: Weichert Realtors
Is 12401, 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, 12401 was a Seller's Market.
Key Takeaway
12401 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 12401, NY
How much do homes in 12401, NY cost?
Median Sold Price
$357,250
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,250(+2.1%)
Key Takeaway
Homes in 12401 have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in 12401 was $357,250 in October 2024, up 2.1% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $451K | $272.5K | -39.6% |
| 2 Bedrooms | $330K | $299.9K | -9.1% |
| 3 Bedrooms | $317.5K | $343K | +8.0% |
| 4 Bedrooms | $423K | $463K | +9.5% |
| 5+ Bedrooms | $324K | $575K | +77.5% |
Summary: 12401 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.6%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 77.5%.
Housing Supply in 12401, NY
How many homes are available in 12401, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 76 | +16.9% |
Summary: The 12401 real estate market had 76 homes for sale in October 2024, a 16.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 36 | 44 | +22.2% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The 12401 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 12401, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 12401 in October 2024, down by 44.4% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 12401, NY
How long does it take to sell a home in 12401, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 70 Days | +32.5% |
Summary: Homes in 12401 had an average of 70 days on market in Oct 2024, up by 32.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 12401 has remained consistent over time.
Summary: During October 2024, 5 homes were sold in 12401; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
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.