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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12754 is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

12754 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12754, NY

How much do homes in 12754, NY cost?

Median Sold Price

$222,500

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,500(+27.1%)

Key Takeaway

Homes in 12754 have sold for 27.1% more than they did a year ago.

Summary: The median home sold price in 12754 was $222,500 in November 2024, up 27.1% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $100K$128.5K
+28.5%
2 $170K$144.5K
-15.0%
3 $177K$230K
+29.9%
4 $279.9K$234.5K
-16.2%
5+ $141.2K$230K
+62.8%

Summary: 12754 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.5%, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 29.9%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes increased by 62.8%.

Housing Supply in 12754, NY

How many homes are available in 12754, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3835-7.9%

Summary: The 12754 real estate market had 35 homes for sale in November 2024, a 7.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 34
+33.3%
3 1411
-21.4%
4 109
-10.0%
5+ 910
+11.1%

Summary: The 12754 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 12754 in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% 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

Nov 2023Nov 2024CHANGE
48 Days77 Days+60.2%

Summary: Homes in 12754 had an average of 77 days on market in Nov 2024, up by 60.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12754 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in 12754; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 2 Days Ago

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