Is 12725, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12725 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 12725 has remained a Seller's Market.

Key Takeaway

12725 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12725, NY

How much do homes in 12725, NY cost?

Median Sold Price

$405,000

$212/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$119,860(+42.0%)

Key Takeaway

Homes in 12725 have sold for 42% more than they did a month ago.

Summary: The median home sold price in 12725 was $405,000 in October 2024, up 42% from last month, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $285.1K$405K
+42.0%
4 --
N/A
5+ --
N/A

Summary: 12725 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 42%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 12725, NY

How many homes are available in 12725, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
23+50.0%

Summary: The 12725 real estate market had 3 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The 12725 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 increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12725, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 12725 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 12725, NY

How long does it take to sell a home in 12725, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
201 Days127 Days-36.8%

Summary: Homes in 12725 had an average of 127 days on market in Oct 2024, down by 36.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 12725 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in 12725; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

Newest Listings in 12725, NY

Nearby Markets to 12725, NY