Is 12444, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12444 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 12444 was a Buyer's Market.

Key Takeaway

12444 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12444, NY

How much do homes in 12444, NY cost?

Median Sold Price

$767,500

$311/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$162,500(-17.5%)

Key Takeaway

Homes in 12444 have sold for 17.5% less than they did a month ago.

Summary: The median home sold price in 12444 was $767,500 in October 2024, down 17.5% from last month, and the median price per square foot was $311.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $930K$775K
-16.7%
5+ -$760K
N/A

Summary: 12444 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12442
+423.3%
12444
-17.5%

Housing Supply in 12444, NY

How many homes are available in 12444, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
87-12.5%

Summary: The 12444 real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 12
+100.0%
4 53
-40.0%
5+ 11
0.0%

Summary: The 12444 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 12444, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 12444 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 12444, NY

How long does it take to sell a home in 12444, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
6 Days62 Days+941.7%

Summary: Homes in 12444 had an average of 62 days on market in Oct 2024, up by 941.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12444 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 12444; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 14 Days Ago

Newest Listings in 12444, NY

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