Is 12534, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12534 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 12534 was a Seller's Market.

Key Takeaway

12534 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12534, NY

How much do homes in 12534, NY cost?

Median Sold Price

$573,000

$292/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$114,000(+24.8%)

Key Takeaway

Homes in 12534 have sold for 24.8% more than they did a year ago.

Summary: The median home sold price in 12534 was $573,000 in October 2024, up 24.8% from last year, and the median price per square foot was $292.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $289.5K$444K
+53.4%
3 $566.2K$460K
-18.8%
4 $235K$882K
+275.3%
5+ $530K$995K
+87.7%

Summary: 12534 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 53.4%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 275.3%, and 5+ bedroom homes increased by 87.7%.

Median Sold Price Compared To Nearby Zip Codes

12534
+24.8%
12015
-50.0%

Housing Supply in 12534, NY

How many homes are available in 12534, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3639+8.3%

Summary: The 12534 real estate market had 39 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 1416
+14.3%
4 1010
0.0%
5+ 88
0.0%

Summary: The 12534 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 33.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 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 12534, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 12534 in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 12534, NY

How long does it take to sell a home in 12534, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days78 Days+264.6%

Summary: Homes in 12534 had an average of 78 days on market in Oct 2024, up by 264.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 12534 has remained consistent over time.

Summary: During October 2024, 4 homes were sold in 12534; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 4 Days Ago

Newest Listings in 12534, NY

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