Is 12569, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12569 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 12569 was a Neutral Market.

Key Takeaway

12569 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12569, NY

How much do homes in 12569, NY cost?

Median Sold Price

$440,000

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,000(+11.4%)

Key Takeaway

Homes in 12569 have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in 12569 was $440,000 in October 2024, up 11.4% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $132K$183.5K
+39.0%
2 $271K$324K
+19.6%
3 $390K$431.3K
+10.6%
4 $470K$576K
+22.6%
5+ $1.3M$690K
-50.7%

Summary: 12569 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes decreased by 50.7%.

Median Sold Price Compared To Nearby Zip Codes

12540
+20.9%
12569
+11.4%
12538
+4.8%

Housing Supply in 12569, NY

How many homes are available in 12569, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3643+19.4%

Summary: The 12569 real estate market had 43 homes for sale in October 2024, a 19.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1523
+53.3%
4 1613
-18.8%
5+ 34
+33.3%

Summary: The 12569 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 increased by 50%, 3 bedroom homes increased by 53.3%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12569, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 12569 in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for 12569, NY

How long does it take to sell a home in 12569, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
61 Days36 Days-41.5%

Summary: Homes in 12569 had an average of 36 days on market in Oct 2024, down by 41.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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 12569 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 12569; 75% of homes were sold within 30 days, 25% 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 14 Days Ago

Newest Listings in 12569, NY

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