Is 12430, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12430 is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 12430 was a Seller's Market.

Key Takeaway

12430 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 12430, NY

How much do homes in 12430, NY cost?

Median Sold Price

$400,000

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$45,000(-10.1%)

Key Takeaway

Homes in 12430 have sold for 10.1% less than they did a year ago.

Summary: The median home sold price in 12430 was $400,000 in December 2024, down 10.1% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $325K$288.5K
-11.2%
2 $265K$400K
+50.9%
3 $699K$1.0M
+44.1%
4 --
N/A
5+ -$387.5K
N/A

Summary: 12430 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.2%, 2 bedroom homes increased by 50.9%, 3 bedroom homes increased by 44.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12455
+17.2%
12430
-10.1%

Housing Supply in 12430, NY

How many homes are available in 12430, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
97-22.2%

Summary: The 12430 real estate market had 7 homes for sale in December 2024, a 22.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 21
-50.0%
2 00
0.0%
3 22
0.0%
4 33
0.0%
5+ 21
-50.0%

Summary: The 12430 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
31-66.7%

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 12430, 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 12430 in December 2024, down by 66.7% 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 12430, NY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 12430, NY

Nearby Markets to 12430, NY