Is 12526, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12526 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 12526 was a Seller's Market.

Key Takeaway

12526 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 12526, NY

How much do homes in 12526, NY cost?

Median Sold Price

$950,000

$484/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$25,000(+2.7%)

Key Takeaway

Homes in 12526 have sold for 2.7% more than they did a month ago.

Summary: The median home sold price in 12526 was $950,000 in December 2024, up 2.7% from last month, and the median price per square foot was $484.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $1.2M-
N/A
3 $925K$625K
-32.4%
4 $785K$3.2M
+307.6%
5+ $1.7M-
N/A

Summary: 12526 housing prices by bedroom type for December 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 decreased by 32.4%, 4 bedroom homes increased by 307.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12526
+2.7%
12523
-5.9%

Housing Supply in 12526, NY

How many homes are available in 12526, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2321-8.7%

Summary: The 12526 real estate market had 21 homes for sale in December 2024, a 8.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 910
+11.1%
4 77
0.0%
5+ 53
-40.0%

Summary: The 12526 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 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 12526, 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 12526 in December 2024, down by 40.0% 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 12526, NY

How long does it take to sell a home in 12526, NY?

Average Sale Time

Nov 2024Dec 2024CHANGE
26 Days26 Days-1.9%

Summary: Homes in 12526 had an average of 26 days on market in Dec 2024, down by 1.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12526 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 12526; 33% of homes were sold within 30 days, 33% 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 2 Days Ago

Newest Listings in 12526, NY

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