Is 12486, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12486 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 12486 has remained a Seller's Market.

Key Takeaway

12486 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12486, NY

How much do homes in 12486, NY cost?

Median Sold Price

$600,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$40,000(+7.1%)

Key Takeaway

Homes in 12486 have sold for 7.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $515K-
N/A
4 --
N/A
5+ $600K$600K
0.0%

Summary: 12486 housing prices by bedroom type for November 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12486
+7.1%
12487
+1.3%

Housing Supply in 12486, NY

How many homes are available in 12486, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
64-33.3%

Summary: The 12486 real estate market had 4 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 11
0.0%
5+ 21
-50.0%

Summary: The 12486 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12486, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 12486 in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 12486, NY

How long does it take to sell a home in 12486, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
73 Days96 Days+30.3%

Summary: Homes in 12486 had an average of 96 days on market in Nov 2024, up by 30.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Most homes in 12486 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in 12486; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 3 Days Ago

Newest Listings in 12486, NY

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