$4,156 Closing Credit*
$350,000
806 SqFt
2 Beds
•1 Full Bath
Listing Office: eXp Realty
Is 12498, 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, 12498 was a Seller's Market.
Key Takeaway
12498 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 12498, NY
How much do homes in 12498, NY cost?
Median Sold Price
$590,000
$318/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$122,500(-17.2%)
Key Takeaway
Homes in 12498 have sold for 17.2% less than they did a year ago.
Summary: The median home sold price in 12498 was $590,000 in October 2024, down 17.2% from last year, and the median price per square foot was $318.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $304K | $503.7K | +65.7% |
| 3 Bedrooms | $1.7M | $607.5K | -66.2% |
| 4 Bedrooms | $509K | $595K | +16.9% |
| 5+ Bedrooms | $1.1M | $1.1M | +2.5% |
Summary: 12498 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 65.7%, 3 bedroom homes decreased by 66.2%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in 12498, NY
How many homes are available in 12498, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 18 | +28.6% |
Summary: The 12498 real estate market had 18 homes for sale in October 2024, a 28.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 12498 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 increased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 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 12498, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 12498 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 12498, NY
How long does it take to sell a home in 12498, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 66 Days | +15.4% |
Summary: Homes in 12498 had an average of 66 days on market in Oct 2024, up by 15.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 12498 has remained consistent over time.
Summary: During October 2024, 3 homes were sold in 12498; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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.