Is 12729, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12729 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 12729 was a Buyer's Market.

Key Takeaway

12729 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 12729, NY

How much do homes in 12729, NY cost?

Median Sold Price

$255,000

$345/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$77,500(+43.7%)

Key Takeaway

Homes in 12729 have sold for 43.7% more than they did a month ago.

Summary: The median home sold price in 12729 was $255,000 in December 2024, up 43.7% from last month, and the median price per square foot was $345.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 -$225K
N/A
2 -$285K
N/A
3 $150K-
N/A
4 $205K-
N/A
5+ --
N/A

Summary: 12729 housing prices by bedroom type for December 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12746
+83.0%
12729
+43.7%
10963
0.2%

Housing Supply in 12729, NY

How many homes are available in 12729, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1512-20.0%

Summary: The 12729 real estate market had 12 homes for sale in December 2024, a 20.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 44
0.0%
3 75
-28.6%
4 10
-100.0%
5+ 22
0.0%

Summary: The 12729 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 decreased by 28.6%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 12729, 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 12729 in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 12729, NY

How long does it take to sell a home in 12729, NY?

Average Sale Time

Nov 2024Dec 2024CHANGE
14 Days122 Days+744.8%

Summary: Homes in 12729 had an average of 122 days on market in Dec 2024, up by 744.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 12729 has remained consistent over time.

Summary: During December 2024, 2 homes were sold in 12729; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

Newest Listings in 12729, NY

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