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

$397,500

$174/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$218,500(+122.1%)

Key Takeaway

Homes in 12729 have sold for 122.1% more than they did a month ago.

Summary: The median home sold price in 12729 was $397,500 in October 2024, up 122.1% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$397.5K
N/A
4 $179K-
N/A
5+ --
N/A

Summary: 12729 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 12729, NY

How many homes are available in 12729, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
14140.0%

Summary: The 12729 real estate market had 14 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 22
0.0%
3 78
+14.3%
4 21
-50.0%
5+ 22
0.0%

Summary: The 12729 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 increased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

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 October 2024, up by 100.0% month-over-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

Sep 2024Oct 2024CHANGE
49 Days53 Days+9.2%

Summary: Homes in 12729 had an average of 53 days on market in Oct 2024, up by 9.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 12729 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 12729; 50% of homes were sold within 30 days, 50% 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 23 Days Ago

Newest Listings in 12729, NY

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