Is 12543, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12543 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 12543 was a Buyer's Market.

Key Takeaway

12543 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12543, NY

How much do homes in 12543, NY cost?

Median Sold Price

$300,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+9.1%)

Key Takeaway

Homes in 12543 have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in 12543 was $300,000 in November 2024, up 9.1% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $208.2K$249.5K
+19.8%
3 $275K$312K
+13.5%
4 $375K$290K
-22.7%
5+ -$577.5K
N/A

Summary: 12543 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12543
+9.1%
10916
+3.8%

Housing Supply in 12543, NY

How many homes are available in 12543, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11110.0%

Summary: The 12543 real estate market had 11 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 77
0.0%
4 31
-66.7%
5+ 01
+100.0%

Summary: The 12543 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12543, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 12543 in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 12543, NY

How long does it take to sell a home in 12543, NY?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 12543 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 12543; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in 12543, NY

Nearby Markets to 12543, NY