Is 12754, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12754 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 12754 has remained a Buyer's Market.

Key Takeaway

12754 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12754, NY

How much do homes in 12754, NY cost?

Median Sold Price

$229,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$54,000(+30.9%)

Key Takeaway

Homes in 12754 have sold for 30.9% more than they did a year ago.

Summary: The median home sold price in 12754 was $229,000 in October 2024, up 30.9% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $100K$128.5K
+28.5%
2 $160K$185K
+15.6%
3 $186K$242.5K
+30.4%
4 $205.2K$246.2K
+20.0%
5+ $141.2K$325K
+130.1%

Summary: 12754 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.5%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 30.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 130.1%.

Median Sold Price Compared To Nearby Zip Codes

12759
+33.8%
12754
+30.9%
12768
+12.1%

Housing Supply in 12754, NY

How many homes are available in 12754, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3842+10.5%

Summary: The 12754 real estate market had 42 homes for sale in October 2024, a 10.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 12
+100.0%
3 1516
+6.7%
4 1113
+18.2%
5+ 99
0.0%

Summary: The 12754 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 increased by 100%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were 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 12754, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 12754 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 12754, NY

How long does it take to sell a home in 12754, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days84 Days+344.7%

Summary: Homes in 12754 had an average of 84 days on market in Oct 2024, up by 344.7% compared to last year.

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 12754 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 12754; 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 12754, NY

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