Is 12455, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12455 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 12455 was a Seller's Market.

Key Takeaway

12455 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12455, NY

How much do homes in 12455, NY cost?

Median Sold Price

$283,500

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$31,500(-10.0%)

Key Takeaway

Homes in 12455 have sold for 10% less than they did a year ago.

Summary: The median home sold price in 12455 was $283,500 in October 2024, down 10% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $175K$228.5K
+30.6%
2 $250K$537.5K
+115.0%
3 $315K$261K
-17.1%
4 $385K$295K
-23.4%
5+ $597.5K$395K
-33.9%

Summary: 12455 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.6%, 2 bedroom homes increased by 115%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes decreased by 23.4%, and 5+ bedroom homes decreased by 33.9%.

Median Sold Price Compared To Nearby Zip Codes

12455
-10.0%
13731
-38.8%

Housing Supply in 12455, NY

How many homes are available in 12455, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1819+5.6%

Summary: The 12455 real estate market had 19 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 13
+200.0%
3 1111
0.0%
4 45
+25.0%
5+ 10
-100.0%

Summary: The 12455 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

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 12455, 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 12455 in October 2024, the same as the previous 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 12455, NY

How long does it take to sell a home in 12455, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
73 Days46 Days-37.0%

Summary: Homes in 12455 had an average of 46 days on market in Oct 2024, down by 37% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 12455 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 12455; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 12455, NY

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