Is 12582, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12582 is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 12582 was a Buyer's Market.

Key Takeaway

12582 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12582, NY

How much do homes in 12582, NY cost?

Median Sold Price

$586,400

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$96,400(+19.7%)

Key Takeaway

Homes in 12582 have sold for 19.7% more than they did a year ago.

Summary: The median home sold price in 12582 was $586,400 in December 2024, up 19.7% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 -$376K
N/A
3 $467.5K$425K
-9.1%
4 $699.9K$660K
-5.7%
5+ $574.3K$715K
+24.5%

Summary: 12582 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 24.5%.

Median Sold Price Compared To Nearby Zip Codes

12582
+19.7%
12570
+13.1%
10512
+12.3%
12531
+8.4%
12533
+7.7%

Housing Supply in 12582, NY

How many homes are available in 12582, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
78+14.3%

Summary: The 12582 real estate market had 8 homes for sale in December 2024, a 14.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 12582 housing inventory by bedroom type for December 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 increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

2 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 12582, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 12582 in December 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 12582, NY

How long does it take to sell a home in 12582, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
61 Days29 Days-51.9%

Summary: Homes in 12582 had an average of 29 days on market in Dec 2024, down by 51.9% compared to last year.

Breakdown of Home Sale Times

2 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 12582 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 12582; 67% of homes were sold within 30 days, 33% 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 6 Days Ago

Newest Listings in 12582, NY

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