$8,301 Closing Credit*
$699,000
4 Beds
•3 Full Baths
Listing Office: Cronin & Company Real Estate
Is 12561, 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, 12561 has remained a Seller's Market.
Key Takeaway
12561 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 12561, NY
How much do homes in 12561, NY cost?
Median Sold Price
$480,000
$313/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,750(-0.8%)
Key Takeaway
Homes in 12561 have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in 12561 was $480,000 in November 2024, down 0.8% from last year, and the median price per square foot was $313.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139K | $240K | +72.7% |
| 2 Bedrooms | $295K | $445.2K | +50.9% |
| 3 Bedrooms | $444.6K | $450K | +1.2% |
| 4 Bedrooms | $530K | $647.6K | +22.2% |
| 5+ Bedrooms | $600K | $562.5K | -6.3% |
Summary: 12561 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.7%, 2 bedroom homes increased by 50.9%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 6.3%.
Median Sold Price Compared To Nearby Zip Codes
| 12528 | $355K | $375.5K | +5.8% |
| 12561 | $483.7K | $480K | -0.8% |
Housing Supply in 12561, NY
How many homes are available in 12561, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 58 | -7.9% |
Summary: The 12561 real estate market had 58 homes for sale in November 2024, a 7.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 35 | 35 | 0.0% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 12561 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 12561, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in 12561 in November 2024, up by 33.3% month-over-month. Of the 12 sold homes, 17% were sold under asking, 42% were sold at asking, and 42% were sold over asking.
Days on Market for 12561, NY
How long does it take to sell a home in 12561, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 92 Days | 38 Days | -58.2% |
Summary: Homes in 12561 had an average of 38 days on market in Nov 2024, down by 58.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 12561 has remained consistent over time.
Summary: During November 2024, 12 homes were sold in 12561; 33% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 8% 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.
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Columbia Greene Northern Dutchess Multiple Listing Service. All rights reserved.