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 December 2023

At the same time last year, 12754 was a Buyer'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

$228,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$38,000(+20.0%)

Key Takeaway

Homes in 12754 have sold for 20% more than they did a year ago.

Summary: The median home sold price in 12754 was $228,000 in December 2024, up 20% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $100K$128.5K
+28.5%
2 $172.5K$164.5K
-4.6%
3 $195K$250K
+28.2%
4 $279.9K$260.7K
-6.9%
5+ $152.5K$277.5K
+82.0%

Summary: 12754 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.5%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 28.2%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 82%.

Median Sold Price Compared To Nearby Zip Codes

12759
+60.6%
12754
+20.0%

Housing Supply in 12754, NY

How many homes are available in 12754, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3827-28.9%

Summary: The 12754 real estate market had 27 homes for sale in December 2024, a 28.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 33
0.0%
3 1210
-16.7%
4 115
-54.5%
5+ 118
-27.3%

Summary: The 12754 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 16.7%, 4 bedroom homes decreased by 54.5%, and 5+ bedroom homes decreased by 27.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 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. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 12754 in December 2024, up by 28.6% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% 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

Dec 2023Dec 2024CHANGE
76 Days79 Days+5.1%

Summary: Homes in 12754 had an average of 79 days on market in Dec 2024, up by 5.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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 December 2024, 9 homes were sold in 12754; 22% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 33% 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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