$1,500,000
0.36 Acres
Land
Listing Office: Renaissance Realty Cons Group
Is 12550, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$373,800
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,800(+6.8%)
Key Takeaway
Homes in 12550 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 12550 was $373,800 in October 2024, up 6.8% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.4K | $150K | +9.1% |
| 2 Bedrooms | $280K | $294.2K | +5.1% |
| 3 Bedrooms | $350.5K | $393K | +12.1% |
| 4 Bedrooms | $436.7K | $454.5K | +4.1% |
| 5+ Bedrooms | $395K | $453K | +14.7% |
Summary: 12550 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 14.7%.
Housing Supply in 12550, NY
How many homes are available in 12550, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 259 | 269 | +3.9% |
Summary: The 12550 real estate market had 269 homes for sale in October 2024, a 3.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 42 | 35 | -16.7% |
| 3 Bedrooms | 105 | 115 | +9.5% |
| 4 Bedrooms | 67 | 63 | -6.0% |
| 5+ Bedrooms | 41 | 51 | +24.4% |
Summary: The 12550 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 24.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 45 | +2.3% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 12550, you may be able to get a good deal. 48.9% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in 12550 in October 2024, up by 2.3% month-over-month. Of the 45 sold homes, 49% were sold under asking, 11% were sold at asking, and 40% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 74 Days | +33.5% |
Summary: Homes in 12550 had an average of 74 days on market in Oct 2024, up by 33.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
12 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 October 2024, 45 homes were sold in 12550; 38% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% 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. 
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. 
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.