Is 12719, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12719 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 12719 was a Neutral Market.

Key Takeaway

12719 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12719, NY

How much do homes in 12719, NY cost?

Median Sold Price

$349,999

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$86,961(-19.9%)

Key Takeaway

Homes in 12719 have sold for 19.9% less than they did a year ago.

Summary: The median home sold price in 12719 was $349,999 in November 2024, down 19.9% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$235K
N/A
2 $425K$325K
-23.5%
3 $295K$349.9K
+18.6%
4 $867.5K$410K
-52.7%
5+ $1.1M$1.2M
+10.6%

Summary: 12719 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 23.5%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 52.7%, and 5+ bedroom homes increased by 10.6%.

Housing Supply in 12719, NY

How many homes are available in 12719, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1819+5.6%

Summary: The 12719 real estate market had 19 homes for sale in November 2024, a 5.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1112
+9.1%
4 44
0.0%
5+ 00
0.0%

Summary: The 12719 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12719, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 12719 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 12719, NY

How long does it take to sell a home in 12719, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days27 Days-22.9%

Summary: Homes in 12719 had an average of 27 days on market in Nov 2024, down by 22.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12719 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 12719; 50% of homes were sold within 30 days, 0% 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 22 Days Ago

Newest Listings in 12719, NY

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