Is 12570, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12570 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 12570 was a Seller's Market.

Key Takeaway

12570 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12570, NY

How much do homes in 12570, NY cost?

Median Sold Price

$501,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$26,000(+5.5%)

Key Takeaway

Homes in 12570 have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in 12570 was $501,000 in November 2024, up 5.5% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $402.5K$396K
-1.6%
3 $450K$510K
+13.3%
4 $580K$560K
-3.4%
5+ $1.8M$449K
-75.7%

Summary: 12570 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 75.7%.

Median Sold Price Compared To Nearby Zip Codes

12540
+19.5%
12564
+18.6%
12533
+11.7%
12570
+5.5%

Housing Supply in 12570, NY

How many homes are available in 12570, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2315-34.8%

Summary: The 12570 real estate market had 15 homes for sale in November 2024, a 34.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 117
-36.4%
4 85
-37.5%
5+ 00
0.0%

Summary: The 12570 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 25%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
91-88.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12570, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 12570 in November 2024, down by 88.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 12570, NY

How long does it take to sell a home in 12570, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
66 Days34 Days-48.8%

Summary: Homes in 12570 had an average of 34 days on market in Nov 2024, down by 48.8% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in 12570 has remained consistent over time.

Summary: During November 2024, 1 homes were sold in 12570; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

Newest Listings in 12570, NY

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