Is 12567, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12567 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 12567 has remained a Buyer's Market.

Key Takeaway

12567 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12567, NY

How much do homes in 12567, NY cost?

Median Sold Price

$422,500

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,500(+3.8%)

Key Takeaway

Homes in 12567 have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in 12567 was $422,500 in October 2024, up 3.8% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $650K-
N/A
2 $167.5K$315K
+88.1%
3 $383.5K$477.5K
+24.5%
4 $345K$502.5K
+45.7%
5+ $2.4M$410K
-82.9%

Summary: 12567 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 88.1%, 3 bedroom homes increased by 24.5%, 4 bedroom homes increased by 45.7%, and 5+ bedroom homes decreased by 82.9%.

Housing Supply in 12567, NY

How many homes are available in 12567, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1718+5.9%

Summary: The 12567 real estate market had 18 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1111
0.0%
4 33
0.0%
5+ 23
+50.0%

Summary: The 12567 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12567, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 12567 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 12567, NY

How long does it take to sell a home in 12567, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
79 Days58 Days-25.9%

Summary: Homes in 12567 had an average of 58 days on market in Oct 2024, down by 25.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12567 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 12567; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 23 Days Ago

Newest Listings in 12567, NY

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