$4,144 Closing Credit*
$349,000
1,350 SqFt
3 Beds
•1 Full Bath
Listing Office: RE/MAX Benchmark Realty Group
Is 12550, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 12550 has remained a Seller's Market.
Key Takeaway
12550 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 12550, NY
How much do homes in 12550, NY cost?
Median Sold Price
$375,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,400(+7.6%)
Key Takeaway
Homes in 12550 have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in 12550 was $375,000 in November 2024, up 7.6% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.4K | $150K | +9.1% |
| 2 Bedrooms | $280K | $290.5K | +3.8% |
| 3 Bedrooms | $351K | $391.5K | +11.5% |
| 4 Bedrooms | $442.5K | $459K | +3.7% |
| 5+ Bedrooms | $410K | $445K | +8.5% |
Summary: 12550 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 8.5%.
Housing Supply in 12550, NY
How many homes are available in 12550, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 242 | 209 | -13.6% |
Summary: The 12550 real estate market had 209 homes for sale in November 2024, a 13.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 33 | 26 | -21.2% |
| 3 Bedrooms | 101 | 86 | -14.9% |
| 4 Bedrooms | 57 | 40 | -29.8% |
| 5+ Bedrooms | 46 | 50 | +8.7% |
Summary: The 12550 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 21.2%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes decreased by 29.8%, and 5+ bedroom homes increased by 8.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 37 | -22.9% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 12550, you may be able to get a good deal. 43.2% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in 12550 in November 2024, down by 22.9% month-over-month. Of the 37 sold homes, 43% were sold under asking, 27% were sold at asking, and 30% were sold over asking.
Days on Market for 12550, NY
How long does it take to sell a home in 12550, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 41 Days | +9.8% |
Summary: Homes in 12550 had an average of 41 days on market in Nov 2024, up by 9.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 12550 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 37 homes were sold in 12550; 51% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% 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. 
Copyright © 2024 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale or rent on this web site comes from the IDX program of the Mid Hudson Multiple Listing Service, LLC. IDX 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. Information deemed reliable but not guaranteed and should be verified.